Common use of Amount of redundancy pay Clause in Contracts

Amount of redundancy pay. (a) Instead of the table provided in Section 119(2) of the Act, the amount of redundancy pay will be as follows: Redundancy pay scale Less than 1 year -­‐ -­‐ 1 year but less than 2 years 4 weeks’ 5 weeks’ 2 years but less than 3 years 7 weeks’ 8.75 weeks’ 3 years but less than 4 years 10 weeks’ 12.5 weeks’ 4 years but less than 5 years 12 weeks’ 15 weeks’ 5 years but less than 6 years 14 weeks’ 17.5 weeks’ 6 years and more 16 weeks’ 20 weeks’

Amount of redundancy pay. (a) Instead of the table provided in Section 119(2) of the Act, the amount of redundancy pay will be as follows: Redundancy pay scale Less than 1 year -­‐ -­‐ ‐ ‐ 1 year but less than 2 years 4 weeks’ 5 weeks’ 2 years but less than 3 years 7 weeks’ 8.75 weeks’ 3 years but less than 4 years 10 weeks’ 12.5 weeks’ 4 years but less than 5 years 12 weeks’ 15 weeks’ 5 years but less than 6 years 14 weeks’ 17.5 weeks’ 6 years and more 16 weeks’ 20 weeks’