Common use of Redundancy Payment Clause in Contracts

Redundancy Payment. Employees shall receive redundancy pay of four (4) weeks ordinary pay for each completed year of service plus a pro-rata amount of one-third (1/3) of a week’s ordinary pay for each completed month of service rendered in the employee’s final year of employment.

Redundancy Payment. Employees shall receive 4 weeks redundancy pay of four (4) weeks ordinary pay payment for each completed year of service plus a pro-rata amount of one-third service. (1/3) of a week’s ordinary pay for each completed month of service rendered in based on the employee’s final year of employment.Weekly Base Wage, excluding overtime, shift allowance and annual leave loading)

Redundancy Payment. Employees shall receive redundancy pay of four (4) weeks 4 weeks' ordinary pay for each completed year of service plus a pro-and pro rata amount for partially completed years of one-third (1/3) of a week’s ordinary pay for each completed month of service rendered in the employee’s final year of employmentservice.