Redundancy scheme Sample Clauses
Redundancy scheme. Deviating from the 'age bracket' principle
Redundancy scheme. Redundancy scheme
1. If the company is subject to a reorganisation as referred to in article 9.1 of this collective labour agreement, the employer can agree a redundancy scheme in local consultation with the trade associations involved in the collective labour agreement, unless it is agreed with the trade associations involved that these discussions will be left to the employee representatives.
2. Provided that the redundancy scheme is given the status of a collective labour agreement, agreements can also be made as part of the redundancy scheme, duly considering the opportunities offered by the Dutch Work and Security Act.
3. If a redundancy scheme has been agreed in a company in consultation with the trade association(s) involved in the collective labour agreement, article 9.3 does not apply.
Redundancy scheme. Redundancy scheme
1. A redundancy scheme is any scheme that mitigates for potential economic, social and/or legal consequences for employees arising from an organizational change.
2. The employer can agree in advance with the trade associations involved in the collective labour agreement that the discussions of a redundancy scheme will be left to the employer and the employee representatives.
3. Provided that the redundancy scheme is given the status of a collective labour agreement, agreements can also be made as part of the redundancy scheme, duly considering the opportunities offered by the Dutch Work and Security Act. Deviations from the law can concern such aspects as the 'age bracket' principle (redundancies affecting all age groups of employed staff equally) (up to a maximum of 10% of the employees), the amount of the transition allowance and possibly other allowances, provisions about education, outplacement, terms of notice, supplementary agreements etc.
4. If a redundancy scheme has been agreed in a company in consultation with the trade association(s) involved in the collective labour agreement, article 9.3 does not apply.
Redundancy scheme. Redundancy scheme
1. A redundancy scheme is any scheme that mitigates for potential economic, social and/or legal consequences for employees arising from an organizational change.
Redundancy scheme. Redundancy scheme
1. A redundancy scheme is a scheme that is intended to alleviate the possible economic, social and/or legal consequences of the change or loss of jobs as a result of a reorganisation/structural change.
2. Registering a redundancy scheme as a collective labour agreement enables agreements that deviate from the law. Examples of such agreements include:
a. ‘age bracket’ principle (up to 10% of employees, whereby article 9.3 does not apply);
b. amount of the (transitional) allowance;
c. training;
d. outplacement;
e. notice periods;
f. benefit top-up payments.
3. The employee can turn to the Job-to-Job Guarantee Fund for financial assistance if:
a. the (former) employer has made agreements about help guiding employees from job to job, and;
b. the employer can no longer finance the job-to-job guidance due to bankruptcy, and;
c. the employee meets the (pre)conditions established by Stichting Bedrijfstakbureau voor het Uitgeverijbedrijf (BU) (Publishing industry association), and;
d. the employee is/was employed by the employer who, until the bankruptcy, was a member of the employers’ association for the publishing industry (Werkgeversvereniging Uitgeverijbedrijf (WU)).
Redundancy scheme. Redundancy will be paid strictly according to the provisions of the Parent Award with the exception that this agreement shall apply, notwithstanding that employment is terminated by the Company due to the ordinary and customary turnover of labour. Where any legal obligation exceeds that recoverable under Mert, the Company will make up the difference.
Redundancy scheme