Common use of Retrenchment – Payment When More Than Six Years’ Service Clause in Contracts

Retrenchment – Payment When More Than Six Years’ Service. An Employee who has a minimum of six completed years of continuous service, whose services are terminated by the Company because of slackness of trade and who despite taking all reasonable steps has been unable to obtain within a period of three months after the date of such termination, or the attainment of the age of sixty years or death (whichever happens first), further employment in the industry, shall be entitled to receive payment at their Total Salary rate at the time of termination of employment. In the event of disagreement regarding the reasonableness of the steps taken, FWC may certify, that reasonable steps were taken to obtain such work, and the Company shall provide payment at the Employee’s Total Salary rate as provided in clause 11.1 for any long service leave accumulated and not already taken.

Retrenchment – Payment When More Than Six Years’ Service. An Employee who has a minimum of six completed years of continuous service, whose services are terminated by the Company because of slackness of trade and who despite taking all reasonable steps has been unable to obtain within a period of three months after the date of such termination, or the attainment of the age of sixty years or death (whichever happens first), further employment in the industry, shall be entitled to receive payment at their Total Salary rate at the time of termination of employment. In the event of disagreement regarding the reasonableness of the steps taken, FWC may certify, that reasonable steps were taken to obtain such work, and the Company shall provide payment at the Employee’s Total Salary rate as provided in clause clause 11.1 for any long service leave accumulated and not already taken.