Wage supplement for job outside Rabobank Sample Clauses

Wage supplement for job outside Rabobank. The wage supplement scheme applies to employees who accept a job outside Rabobank before the implementation date of the reorganization for which the annual income is lower than the last-earned annual income at Rabobank. The supplement is a gross payment, which is paid as a lump-sum upon termination of the employment. The duration of the supplement depends on the number of working hours. Calculation of the supplement is based on an equal number of working hours at the old and the new employer. If the number of working hours at the new employer is lower, the new number of working hours is the basis for the calculation. If the number of working hours at the new employer is higher, the number of working hours applying at Rabobank will be used in the calculation. The difference between the new and old gross monthly income (annual income divided by 12) is paid out up to a maximum of 20% of the old gross monthly income. The number of months for which an employee is entitled to payment is determined on the basis of the following table: Number of months of supplement 6 12 18 24 30 36
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Wage supplement for job outside Rabobank. The wage supplement scheme applies to employees who accept a job outside Rabobank for which the annual income is lower than the last-earned annual income at Rabobank. The supplement is a gross payment, which is paid as a lump- sum upon termination of the employment. The duration of the supplement depends on the number of working hours. Calculation of the supplement is based on an equal number of working hours at the old and the new employer. If the number of working hours at the new employer is lower, the new number of working hours is the basis for the calculation. If the number of working hours at the new employer is higher, the number of working hours applying at Rabobank will be used in the calculation. The difference between the new and old gross monthly income (annual income divided by 12) is paid out up to a maximum of 20% of the old gross monthly income. The number of months for which an employee is entitled to payment is determined on the basis of the following table: Number of years of service 0-5 6-10 11-15 00-00 00-00 > 26 Number of months of supplement 6 12 18 24 30 36 Insofar as the manager awards to an employee an additional allowance for study courses/training/workshops in the active mobility phase, on top of the development budget to be spent by the employee at his discretion, the repayment scheme will not apply to the supplementary contribution from the employer. Scenarios for positions 3. SCENARIOS FOR POSITIONS IN REORGANISATIONS The following scenarios can occur in the event of an organisational change: • Retained positionsEliminated positionsNew positions • Relocated positions. A combination of these scenarios may also occur. The management will present the applicable scenarios to the Works Council in the request for advice associated with the reorganisation. The applicable reemployment procedure is determined on the basis of the scenario, as well as how any redundancy will be determined. The scenarios for positions and the corresponding reemployment procedure set out in the Rabobank CAO 2016 will apply in connection with requests for advice that were submitted before 1 January 2017. The scenarios for positions and the corresponding reemployment procedure set out in the Rabobank CAO 2016 will likewise apply for requests for advice on implementation that are submitted on or after 1 January 2017 but arise from a central request for advice submitted before 1 January 2017. Definition of scenarios for positions and determination of r...
Wage supplement for job outside Rabobank. The wage supplement scheme applies to employees who accept a job outside the organization before the implementation date of the reorganization for which the annual income is lower than the last-earned annual income at Rabobank or Obvion. The supplement is a gross payment, which is paid as a lump-sum upon termination of the employment. The duration of the supplement depends on the number of working hours. If the number of working hours at the new employer is higher, the number of working hours applying at Rabobank or Obvion will be used in the calculation. If the number of working hours at the new employer is lower, the new number of working hours is the basis for the calculation. The difference between the new and old gross monthly income (annual income divided by 12) is paid out up to a maximum of 20% of the old gross monthly income. The number of months for which an employee is entitled to payment is determined on the basis of the following table:

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