Common use of WORKER ADJUSTMENT PROCESS Clause in Contracts

WORKER ADJUSTMENT PROCESS. This Worker Adjustment Process shall apply to employees affected by a Company decision to contract out work normally performed by employees in the bargaining unit, which would cause permanent lay-off. 1. The employees shall receive notice of permanent lay-off and therefore have the right to exercise seniority in accordance with Article 12 - SENIORITY, to maintain employment in the bargaining unit. OR 2. The employee shall have the right to accept a severance allowance and sever their employment relationship with the Company. The severance allowance shall be two (2) weeks’ regular salary for each full year of recent and continuous service with the Company. A part year of service will be pro-rated. OR 3. The employee may elect to retire and receive Early Retirement benefits when such is offered. 4. Where an employee with three (3) or more years’ service accepts a demotion under this provision to a lesser paid position and his/her current salary is above the maximum for the newly assigned position, his/her salary shall be reduced to the maximum of his/her new range according to the following formula: i) One-third (1/3) reduction on assignment to the new position ii) One-third (1/3) reduction six (6) months after assignment to the new position; iii) One-third (1/3) reduction one (1) year after assignment to the new position. 5. Employees who may be displaced as a result of another employee exercising seniority shall have the rights set out above. This adjustment process shall be available to any affected employee who is on leave of absence or on Workers’ Compensation or Disability benefits.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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WORKER ADJUSTMENT PROCESS. This Worker Adjustment Process shall apply to employees affected by a Company decision to contract out work normally performed by employees in the bargaining unit, which would cause permanent lay-off. 1. The employees shall receive notice of permanent lay-off and therefore have the right to exercise seniority in accordance with Article 12 - SENIORITY, to maintain employment in the bargaining unit. OR 2. The employee shall have the right to accept a severance allowance and sever their employment relationship with the Company. The severance allowance shall be two (2) weeks’ regular salary for each full year of recent and continuous service with the Company. A part year of service will be pro-rated. OR 3. The employee may elect to retire and receive Early Retirement benefits when such is offered. 4. Where an employee with three (3) or more years’ service accepts a demotion under this provision to a lesser paid position and his/her current salary is above the maximum for the newly assigned position, his/her salary shall be reduced to the maximum of his/her new range according to the following formula: i) One-third (1/3) reduction on assignment to the new position ii) One-third (1/3) reduction six (6) months after assignment to the new position; iii) One-third (1/3) reduction one (1) year after assignment to the new position. 5. Employees who may be displaced as a result of another employee exercising seniority shall have the rights set out above. This adjustment process shall be available to any affected employee who is on leave of absence or on Workers’ Compensation or Disability benefits.benefits.‌

Appears in 1 contract

Samples: Collective Agreement

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WORKER ADJUSTMENT PROCESS. This Worker Adjustment Process shall apply to employees affected by a Company decision to contract out work normally performed by employees in the bargaining unit, which would cause permanent lay-off. 1. The employees shall receive notice of permanent lay-off and therefore have the right to exercise seniority in accordance with Article 12 - SENIORITYSeniority, to maintain employment in the bargaining unit. OR 2. The employee shall have the right to accept a severance allowance and sever their employment relationship with the Company. The severance allowance shall be two (2) weeks’ regular salary for each full year of recent and continuous service with the Company. A part year of service will be pro-rated. OR 3. The employee may elect to retire and receive Early Retirement benefits when such is offered. 4. Where an employee with three (3) or more years’ service accepts a demotion under this provision to a lesser paid position and his/her current salary is above the maximum for the newly assigned position, his/her salary shall be reduced to the maximum of his/her new range according to the following formula: i) One-third (1/3) reduction on assignment to the new position ii) One-third (1/3) reduction six (6) months after assignment to the new position; iii) One-third (1/3) reduction one (1) year after assignment to the new position. 5. Employees who may be displaced as a result of another employee exercising seniority shall have the rights set out above. This adjustment process shall be available to any affected employee who is on leave of absence or on Workers’ Compensation or Disability benefits.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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