Entitlement to redundancy pay Clause Samples
The 'Entitlement to redundancy pay' clause defines an employee's right to receive a financial payment if their position is made redundant. Typically, this clause outlines the conditions under which redundancy pay is triggered, such as organizational restructuring or job elimination, and may specify how the payment is calculated based on factors like length of service or salary. Its core function is to provide financial protection to employees who lose their jobs due to redundancy, ensuring fair compensation and helping to mitigate the impact of involuntary job loss.
Entitlement to redundancy pay. An employee is entitled to be paid redundancy pay by the Employer if the employee's employment is terminated:
(a) at the Employer's initiative because the Employer no longer requires the job done by the employee to be done by anyone, except where this is due to the ordinary and customary turnover of labour; or
(b) because of the insolvency or bankruptcy of the Employer.
Entitlement to redundancy pay. 30.1.1 An Employee is entitled to be paid redundancy pay by the Company in accordance with the NES.
30.1.2 An Employee (other than a casual Employee, Fixed Term or Maximum-Term Employee) is entitled to be paid redundancy pay by the Company as follows:
a) Employees engaged by the Company post 19 August 2010 will be entitled to the following redundancy pay at the employees base rate of pay for their ordinary hours of work: Period of continuous service Redundancy pay Less than 1 year Nil 1 year and less than 2 years 4 weeks pay 2 years and less than 3 years 6 weeks pay 3 years and less than 4 years 7 weeks pay 4 years and less than 5 years 8 weeks pay 5 years and less than 6 years 10 weeks pay 6 years and less than 7 years 12 weeks pay 7 years and less than 8 years 14 weeks pay 8 years and less than 9 years 16 weeks pay 9 years and less than 10 years 18 weeks pay 10 years and less than 11 years 20 weeks pay 11 years and less than 12 years 22 weeks pay 12 years and less than 13 years 24 weeks pay 13 years and over 26 weeks pay
b) Employees engaged prior to 19 Aug 2010 will be entitled to three (3) weeks of pay for each completed year of service at the employees’ base rate of pay for their ordinary hours worked; capped at 52 weeks, inclusive of the notice period.
30.1.3 If an Employee is entitled to be paid redundancy pay by the Company, then the Employee will be paid in accordance with their ordinary hours of work at their Base Rate of Pay.
30.1.4 An Employee (other than a casual Employee or an Employee on a Fixed-Term or Maximum-Term arrangement) may be entitled to be paid redundancy pay if:
a) the Employee's employment is terminated at the Company's initiative because the Company no longer requires the job done by the Employee to be done by anyone, except where this is due to the ordinary and customary turnover of labour; or
b) because of insolvency or bankruptcy of the Company; and
c) the Employee’s period of service with the Company is greater than 12 months.
30.1.5 Ordinary and customary turnover of labour includes such circumstances as the Company losing a contract with the client for any reason (except by way of a commercial decision made by the Company), the Company entering a period of care and maintenance or a period of ▇▇▇▇▇▇▇ down.
30.1.6 If the Company obtains other acceptable employment for the Employee or cannot pay the redundancy amount, the Company may make an application to the FWC to have the redundancy pay reduced to a specific amount (whic...
Entitlement to redundancy pay. 1.1 An Employee is entitled to be paid redundancy pay by the Company in accordance with the NES.
Entitlement to redundancy pay. An Employee is entitled to be paid redundancy pay by Healthscope if the Employee’s employment is terminated:
(a) at Healthscope’s initiative because Healthscope no longer requires the job done by the Employee to be done by anyone, except where this is due to the ordinary and customary turnover of labour;
(b) or because of the insolvency or bankruptcy of Healthscope.
Entitlement to redundancy pay. Where the Employer decides to terminate an Employee’s employment and the Employee ceases to work for the Employer because the Employer has made the Employee’s position redundant then, as well as notice or payment in place of notice, the Employer will pay the Employee a redundancy payment according to the following table: Less than 1 year Nil 1 year and less than 2 years 4 weeks pay 2 years and less than 3 years 6 weeks pay 3 years and less than 4 years 7 weeks pay 4 years and less than 5 yeas 8 weeks pay 5 years and less than 6 years 10 weeks pay 6 years and less than 7 years 11 weeks pay 7 years and less than 8 years 13 weeks pay 8 years and less than 9 years 14 weeks pay 9 years and less than 10 years 16 weeks pay 10 years and over 18 weeks pay
Entitlement to redundancy pay. An employee is entitled to be paid a redundancy pay by the Employer if the employee’s employment is terminated:
(a) at the Employer's initiative because the Employer no longer requires the job done by the Employee to be done by anyone, except where this is due to the ordinary and customary turnover of labour; or
(b) because of the insolvency or bankruptcy of the Employer.
Entitlement to redundancy pay i. An employee is entitled to be paid redundancy pay by DSI Underground if: • The employee’s employment is terminated at DSI Underground’s initiative because DSI Underground no longer requires the job done by the employee to be done by anyone, except where this is due to the ordinary and customary turnover of labour; or • Because of the insolvency of DSI Underground.
Entitlement to redundancy pay. Redundancy entitlements are prescribed by the NES and the provisions set out in this clause. Redundancy occurs where an Employer has made a definite decision that the Employer no longer wishes the job the employee has been doing done by anyone and that decision, or the insolvency or bankruptcy of the Employer, leads to the termination of employment of the Employee.
Entitlement to redundancy pay. 29.1.1 Employees engaged prior to 01 July 2005 shall be entitled to the terms and conditions outlined in Appendix A of this Agreement.
Entitlement to redundancy pay. (a) In this clause Total Remuneration means the Base Salary of the Employee’s classification plus Allowances plus Licence Payments.
(b) If an Employee’s employment is terminated as a result of a genuine redundancy after the discussions describe at clause 40.1, the Employee will be entitled to the following amount of redundancy pay based on the Employee's Total Remuneration (in addition to the period of notice prescribed for termination of employment in clause 39):