Common use of Early Separation Clause in Contracts

Early Separation. (i) Where an employee is likely to be the subject of action under these provisions, the President may provide to that employee an early separation opportunity. (ii) This option provides for separation to occur within 14 days of the employee being advised that they are excess under clause 48.1. (iii) It attracts an additional payment of 8 week’s salary (or 10 weeks for an employee over 45 years of age with at least 5 years continuous service), over and above any other amount paid on separation in accordance with clause 48.5. (iv) The payment is in lieu of the time that may have reasonably been expected to elapse for the purposes of the consultation, consideration periods and notice periods.

Early Separation. (i) Where an employee is likely to be the subject of action under these provisions, the President Commission may provide to that employee an early separation opportunity. (ii) This option provides for separation to occur within 14 days of the employee being advised that they are excess under clause 48.147.2. (iii) It attracts an additional payment of 8 week’s week‟s salary (or 10 weeks for an employee over 45 years of age with at least 5 years continuous service), over and above any other amount paid on separation in accordance with clause 48.547.6. (iv) The payment is in lieu of the time that may have reasonably been expected to elapse for the purposes of the consultation, consideration periods and notice periods.

Early Separation. (i) Where an employee is likely to be the subject of action under these provisions, the President Commission may provide to that employee an early separation opportunity. (ii) This option provides for separation to occur within 14 days of the employee being advised that they are excess under clause 48.147.2. (iii) It attracts an additional payment of 8 week’s weeks salary (or 10 weeks for an employee over 45 years of age with at least 5 years continuous service), over and above any other amount paid on separation in accordance with clause 48.547.6. (iv) The payment is in lieu of the time that may have reasonably been expected to elapse for the purposes of the consultation, consideration periods and notice periods.