Examples of Severance Policy in a sentence
Any severance payments should be made in accordance with the Council’s Early Severance Policy and prevailing legislative requirements.
Policy Objective This Severance Policy outlines the circumstances and manner of assessment upon which the Town of Port Hedland (Town) at the discretion of the Chief Executive Officer (CEO) may pay an employee an amount (severance payment) in addition to any amount to which they are entitled under a contract of employment or award relating to the employee.
Policies stating support for subdivision of land within the ALR, with the exception of those applications that qualify under the ALC’s Homesite Severance Policy, are the policy of the RDEK only.
Payments made to employees in connection with the Severance Policy shall not offset or limit payments to be made to employees in connection with the spending commitment described in Section 3.08(a) above.
Where the Council terminates a Chief Officer’s employment by reason of redundancy, then they are entitled to a redundancy payment, in accordance with the Council’s Discretionary Payments and Severance Policy.