Upon Receipt of Notice of Layoff Sample Clauses
The "Upon Receipt of Notice of Layoff" clause defines the actions or obligations that are triggered when an employee receives formal notification of a layoff. Typically, this clause outlines the timeline for the employee to respond, the process for returning company property, or eligibility for severance and benefits. Its core practical function is to ensure a clear and orderly transition for both the employer and employee by specifying the next steps following a layoff notice, thereby reducing confusion and potential disputes.
Upon Receipt of Notice of Layoff. An employee who has received notice of her layoff must, prior to the expiry of the notice period, elect one of the following options:
(i) if the layoff is of a temporary duration:
(1) bumping, or
(2) layoff list;
(ii) if the layoff is of a permanent duration:
(1) bumping,
(2) a job vacancy or retraining for a job vacancy, or
(3) severance pay.
Upon Receipt of Notice of Layoff. An employee who has received notice of their layoff must, prior to the expiry of the notice period, elect one of the following options. Employees shall endeavour to make such election within 20 calendar days of the expiry where feasible.
(i) if the layoff is of a temporary duration:
(1) bumping, or
(2) layoff list;
(ii) if the layoff is of a permanent duration:
(1) bumping,
(2) a job vacancy or retraining for a job vacancy, or
(3) severance pay.