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: Employee’s period of continuous service with the employer on termination Redundancy pay 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: Employee’s 's period of continuous service Continuous Service with the employer Redundancy pay Employer on termination Redundancy pay period 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 Employee's period of Continuous Service with the Redundancy pay Employer on termination period 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 (a) In addition to the Employer decides to terminate an period of notice provided in clause 10.1, a Full Time Employee or a Part-Time Employee’s , who is employed on the date that this Agreement is approved by the Fair Work Commission, whose employment and is terminated because Freedom no longer requires the job done by 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 be done by anyone (other than where this is due to the following tableordinary and customary turnover of labour) will be entitled to redundancy pay as set out in the table below: Employee’s period Years of continuous service with the employer on termination Redundancy pay under 45 years of age Redundancy pay 45 years and over Less than 1 year Xxx Xxx At least 1 year but less than 2 years 4 weeks weeks’ pay 5 weeks’ pay At least 2 years but les less than 3 years 6 weeks 7 weeks’ pay 8.75 weeks’ pay At least 3 years but less than 4 years 7 weeks 10 weeks’ pay 12.5 weeks’ pay At least 4 years but less than 5 years 8 weeks 12 weeks’ pay 15 weeks’ pay At least 5 years but less than 6 years 10 weeks 14weeks’ pay 17.5 weeks’ pay 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 and over 16 weeks At least 10 years 12 weeks’ pay 20 weeks’ 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 19.3.1 In addition to the period of notice prescribed for termination in 18.1 and 18.3 an employee, whose employment is terminated for reasons set out in Clause 19, will be entitled to redundancy pay as set out in the table below. A maximum of 30 weeks' pay applies. See following tabletable for summary: Redundancy pay period Employee’s period of continuous service with the employer on termination Redundancy pay period 1 At least 1 year but less than 2 years 4 weeks 2 At least 2 years but les less than 3 years 6 weeks 3 At least 3 years but less than 4 years 7 weeks 4 At least 4 years but less than 5 years 8 weeks 5 At least 5 years but less than 6 years 10 weeks 6 At least 6 years but less than 7 years 11 12 weeks 7 At least 7 years but less than 8 years 13 14 weeks 8 At least 8 years but less than 9 years 14 16 weeks 9 At least 9 years but less than 10 years 16 18 weeks 10 At least 10 years but less than 11 years 20 weeks 11 At least 11 years but less than 12 years 22 weeks 12 At least 12 years but less than 13 years 24 weeks 13 At least 13 years but less than 14 years 26 weeks 14 At least 14 years but less than 15 years 28 weeks 15 At least 15 years 30 weeks