Termination by reason of redundancy. (a) If after following a good faith restructuring process you are made redundant, you will be given notice as set out in clause 13.1 (General termination of employment). If you are a permanent employee you will also get redundancy compensation of four weeks’ pay before tax, calculated on your average gross weekly earnings over your previous 12 months service. (b) However, if the Employer or the new employer (in the case of restructuring as defined in section 69OI of the Employment Relations Act 2000) offers you another suitable role on generally the same or better terms and conditions — or any role with terms and conditions you accept — then you will not get redundancy compensation or other redundancy entitlements, whether you accept the role or not.
Appears in 6 contracts
Samples: Individual Employment Agreement, Individual Employment Agreement, Individual Employment Agreement
