Common use of Early Separation Clause in Contracts

Early Separation. Where an employee elects early separation the employee’s redundancy benefits will be paid on termination calculated as follows: a) payment in lieu of salary for the unexpired portion of the 12 week transition period; b) all accumulated recreation leave; and c) pro rata long service leave where recognised service is more than 5 years; and

Appears in 2 contracts

Sources: Enterprise Agreement, Enterprise Agreement

Early Separation. Where an employee elects early separation the employee’s redundancy benefits will be paid on termination termination, calculated as follows: a) payment in lieu of salary for the unexpired portion of the 12 week transition period; b) all accumulated recreation annual leave; and c) pro rata long service leave where recognised service is more than 5 years; and

Appears in 1 contract

Sources: Enterprise Agreement