Common use of Redundancy Payments Clause in Contracts

Redundancy Payments. (a) Redundancy payments shall be calculated on the basis of three (3) Weeks' Pay for each completed year of continuous service (except for the first year of service, where four (4) weeks’ pay will apply), or part thereof, to a maximum payment, excluding payment in lieu of notice, of fifty-two (52) Weeks' Pay.

Appears in 4 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement

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Redundancy Payments. (a) 43.5.1 Redundancy payments shall be calculated on the basis of three (3) Weeks' Pay for each completed year of continuous service (except for the first year of service, where four (4) weeks’ pay will apply), or part thereof, to a maximum payment, excluding payment in lieu of notice, of fifty-two (52) Weeks' Pay.Pay.‌

Appears in 3 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement

Redundancy Payments. (a) 43.5.1 Redundancy payments shall be calculated on the basis of three (3) Weeks' Pay for each completed year of continuous service (except for the first year of service, where four (4) weeks’ pay will apply), or part thereof, to a maximum payment, excluding payment in lieu of notice, of fifty-two (52) Weeks' Pay.

Appears in 1 contract

Samples: Enterprise Agreement

Redundancy Payments. (a) 29.3.1 Redundancy payments shall be calculated on the basis of three (3) Weeks' Pay for each completed year of continuous service (except for the first year of service, where four (4) weeks’ pay will apply), or part thereof, to a maximum payment, excluding including payment in lieu of notice, of fifty-two forty (5240) Weeks' Pay.

Appears in 1 contract

Samples: Enterprise Agreement

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Redundancy Payments. (ai) Redundancy payments shall be calculated on the basis of three (3) Weeks' Pay for each completed year of the continuous service (except for the first year of service, where four (4) weeks’ pay will apply), or part thereof, to a maximum payment, excluding including payment in lieu of notice, of fifty-two forty (5240) Weeks' Pay.

Appears in 1 contract

Samples: Union Collective Agreement

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