Common use of Redundancy Pay Clause in Contracts

Redundancy Pay. Where the Employer decides to terminate an Employee’s employment and the Employee cease to work for the Employer because the Employer has made the Employee’s position redundant then, as well as notice or payment in place of notice, the Employer will pay the Employee a redundancy payment according to the following table: At least 1 year but less than 2 years 4 weeks At least 2 years but les than 3 years 6 weeks At least 3 years but less than 4 years 7 weeks At least 4 years but less than 5 years 8 weeks At least 5 years but less than 6 years 10 weeks At least 6 years but less than 7 years 11 weeks At least 7 years but less than 8 years 13 weeks At least 8 years but less than 9 years 14 weeks At least 9 years but less than 10 years 16 weeks At least 10 years 12 weeks

Redundancy Pay. Where The Employee is entitled to redundancy pay worked out using the Employer decides to terminate an Employee’s employment following table and the Employee cease to work for the Employer because the Employer has made paid at the Employee’s position redundant thenBase Rate of Pay for either their current ordinary hours of work or their average ordinary hours of work over their last two years of Continuous Service, as well as notice or payment in place of notice, the Employer will pay the Employee a redundancy payment according to the following tablewhichever is greater: At least 1 year year, but less than 2 years 4 weeks At least 2 years years, but les less than 3 years 6 weeks At least 3 years years, but less than 4 years 7 9 weeks At least 4 years years, but less than 5 years 8 12 weeks At least 5 years years, but less than 6 years 10 15 weeks At least 6 years years, but less than 7 years 11 18 weeks At least 7 years years, but less than 8 years 13 21 weeks At least 8 years years, but less than 9 years 14 24 weeks At least 9 years years, but less than 10 years 16 27 weeks At least 10 years 12 30 weeks

Redundancy Pay. Where In addition to the Employer decides period of notice provided in Clause 40.2, and subject to terminate an Employee’s the provisions of the Act, a Permanent Employee whose employment and the Employee cease to work is terminated for the Employer because the Employer has made the Employee’s position redundant then, as well as notice or payment in place reasons of notice, the Employer redundancy will pay the Employee a redundancy payment according be entitled to the following tableamount of redundancy pay in respect of his or her continuous period of service with the Employer: At least 1 year but less than 2 years 4 weeks weeks' pay At least 2 years but les less than 3 years 6 weeks weeks' pay At least 3 years but less than 4 years 7 weeks weeks' pay At least 4 years but less than 5 years 8 weeks weeks' pay At least 5 years but less than 6 years 10 weeks weeks’ pay At least 6 years but less than 7 years 11 weeks weeks’ pay At least 7 years but less than 8 years 13 weeks weeks’ pay At least 8 years but less than 9 years 14 weeks weeks’ pay At least 9 years but less than 10 years 16 weeks weeks’ pay At least 10 years 12 18 weeks’ pay

Redundancy Pay. Where (a) An employee is entitled to be paid redundancy pay in accordance with the Employer decides to terminate an EmployeeNES, if the employee’s employment is terminated at Xxxxxx’x initiative because Xxxxxxx no longer requires the employee’s job to be done by anyone, except where this is due to the ordinary and the Employee cease to work for the Employer because the Employer has made the Employee’s position redundant then, as well as notice or payment customary turnover of labour.‌ (b) The amount of redundancy pay will be in place of notice, the Employer will pay the Employee a redundancy payment according to accordance with the following table: Employee’s period of continuous service with Xxxxxxx Redundancy pay period At least 1 year but less than 2 years 4 weeks At least 2 years but les less than 3 years 6 weeks At least 3 years but less than 4 years 7 weeks At least 4 years but less than 5 years 8 weeks At least 5 years but less than 6 years 10 weeks At least 6 years but less than 7 years 11 weeks At least 7 years but less than 8 years 13 weeks At least 8 years but less than 9 years 14 weeks At least 9 years but less than 10 years 16 weeks At least 10 years 12 weeks

Redundancy Pay. Where (a) In addition to the Employer decides to terminate periods of notice of termination prescribed in clause 13, an Employee’s Employee whose employment and the Employee cease to work for the Employer because the Employer has made the Employee’s position redundant then, as well as notice or payment in place is terminated by reason of notice, the Employer will pay the Employee a redundancy payment according shall be entitled to the following tableamounts of redundancy pay in respect of a continuous period of service: Less than 1 year Nil At least 1 year but less than 2 years 4 weeks At least 2 years but les less than 3 years 6 weeks At least 3 years but less than 4 years 7 weeks At least 4 years but less than 5 years 8 weeks At least 5 years but less than 6 years 10 weeks At least 6 years but less than 7 years 11 weeks At least 7 years but less than 8 years 13 weeks At least 8 years but less than 9 years 14 weeks At least 9 years but less than 10 years 16 weeks At least 10 years 12 weeks

Redundancy Pay. Where the Employer decides to terminate Redundancy occurs where an Employee’s employment and the Employee cease to work for the Employer because the Employer employer has made a definite decision that the Employee’s position redundant thenemployer no longer wishes the job the employee has been doing to be done In addition to the period of notice prescribed for ordinary termination, as well as notice or payment in place of notice, the Employer will pay the Employee a redundancy payment according an employee whose employment is terminated for reasons set out above shall be entitled to the following tableamount of severance pay in respect of a continuous period of service: At least Period of continuous service Severance Pay Less than 1 year but Nil 1 year and less than 2 years 4 weeks At least pay 2 years but les and less than 3 years 6 weeks At least pay 3 years but and less than 4 years 7 weeks At least pay 4 years but and less than 5 years 8 weeks At least pay 5 years but and less than 6 years 10 weeks At least pay 6 years but and less than 7 years 11 weeks At least pay 7 years but and less than 8 years 13 weeks At least pay 8 years but and less than 9 years 14 weeks At least pay 9 years but and less than 10 years 16 weeks At least pay 10 years and over 12 weeksweeks pay

Redundancy Pay. Where the Employer decides to terminate an Employee’s employment and the Employee cease to work for the Employer because the Employer has made the Employee’s position redundant then, as well as notice or payment in place of notice, the Employer will pay the Employee a redundancy payment according In addition to the following table: period of notice prescribed for ordinary termination, if the employment is terminated for reasons set out in clause 22.1, a redundant Employee will, subject to clause 22.6 receive redundancy/severance payments, calculated as follows, in respect of all continuous service with the Employer:‌ At least 1 year but less than 2 years 4 weeks At least 2 years but les less than 3 years 6 weeks At least 3 years but less than 4 years 7 weeks At least 4 years but less than 5 years 8 weeks At least 5 years but less than 6 years 10 weeks At least 6 years but less than 7 years 11 weeks At least 7 years but less than 8 years 13 weeks At least 8 years but less than 9 years 14 weeks At least 9 years but less than 10 years 16 weeks At least 10 years 12 weeks

Redundancy Pay. Where The amount of the Employer decides redundancy pay equals the total amount payable to terminate an the employee for the redundancy pay period worked out in accordance with the following table at the employee’s base rate of pay for the employee’s ordinary hours of work. Employee’s employment and period of continuous service with the Employee cease to work for the Employer because the Employer has made the Employee’s position redundant then, as well as notice or payment in place of notice, the Employer will School on termination Redundancy pay the Employee a redundancy payment according to the following table: period At least 1 year but less than 2 years 4 weeks At least 2 years but les less than 3 years 6 weeks At least 3 years but less than 4 years 7 weeks At least 4 years but less than 5 years 8 weeks At least 5 years but less than 6 years 10 weeks At least 6 years but less than 7 years 11 weeks At least 7 years but less than 8 years 13 weeks At least 8 years but less than 9 years 14 weeks At least 9 years but less than 10 years 16 weeks At least 10 years 12 weeks

Redundancy Pay. Where (a) In addition to notice of termination, subject to this clause, an employee terminated for reason of redundancy, is entitled to redundancy pay based on their period of continuous service. (b) The amount of redundancy pay is calculated using the Employer decides to terminate an Employee’s employment and the Employee cease to work for the Employer because the Employer has made the Employee’s position redundant then, as well as notice or payment in place Base Rate of notice, the Employer will pay the Employee a redundancy payment according to the following table: Pay. Less than 1 year nil At least 1 year but less than 2 years 4 weeks At least 2 years but les less than 3 years 6 7 weeks At least 3 years but less than 4 years 7 10 weeks At least 4 years but less than 5 years 8 12 weeks At least 5 years but less than 6 years 10 14 weeks At least 6 years and over 16 weeks (c) Where an employee is 45 years old or over, the following scale applies with redundancy pay calculated using the Base Rate of Pay: Less than 1 year nil At least 1 year but less than 7 2 years 11 5 weeks At least 7 2 years but less than 8 3 years 13 8.75 weeks At least 8 3 years but less than 9 4 years 14 12.5 weeks At least 9 4 years but less than 10 5 years 16 15 weeks At least 10 5 years 12 but less than 6 years 17.5 weeks At least 6 years and over 20 weeks