Severance Pay Calculation. (a) If severance is payable under Clause 41.1 then it shall be based on the employee's highest monthly salary and shall be calculated as follows: (b) Severance pay for part-time and sessional employees will be payable on a pro rata basis with the total hours worked prorated over the length of service to calculate the average number of hours worked each day to determine the daily rate.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Severance Pay Calculation. β
(a) If severance is payable under Clause 41.1 then it shall be based on the employee's highest monthly salary and shall be calculated as follows:
(b) Severance pay for part-time and sessional employees will be payable on a pro rata basis with the total hours worked prorated over the length of service to calculate the average number of hours worked each day to determine the daily rate.
Appears in 1 contract
Samples: Collective Agreement
Severance Pay Calculation. (a) If severance is payable under Clause 41.1 then it shall be based on the employee's βs highest monthly salary and shall be calculated as follows:
(b) Severance pay for part-time and sessional employees will be payable on a pro rata basis with the total hours worked prorated over the length of service to calculate the average number of hours worked each day to determine the daily rate.
Appears in 1 contract
Samples: Collective Agreement
