Period of Continuous Service Redundancy Pay Sample Clauses
The 'Period of Continuous Service Redundancy Pay' clause defines how an employee's length of uninterrupted service with an employer is calculated for the purpose of determining redundancy pay entitlements. Typically, this clause outlines what counts as continuous service, such as including certain types of leave or excluding breaks in employment, and specifies how the total period is measured. By clearly establishing the rules for calculating service duration, this clause ensures that redundancy payments are allocated fairly and consistently, preventing disputes over eligibility and payment amounts.
Period of Continuous Service Redundancy Pay. At least 1 year but less than 2 years 4 weeks’ pay At least 2 years but less than 3 years 6 weeks’ pay At least 3 years but less than 4 years 7 weeks’ pay At least 4 years but less than 5 years 8 weeks’ pay At least 5 years but less than 6 years 10 weeks’ pay At least 6 years but less than 7 years 11 weeks’ pay At least 7 years but less than 8 years 13 weeks’ pay At least 8 years but less than 9 years 14 weeks’ pay At least 9 years 16 weeks’ pay At least 10 years 12 weeks ‘pay
Period of Continuous Service Redundancy Pay. At least 1 year but less than 2 years 4 weeks At least 2 years but less than 3 years 6 weeks At least 3 years but less than 4 years 7 weeks At least 4 years but less than 5 years 8 weeks At least 5 years but less than 6 years 10 weeks At least 6 years but less than 7 years 11 weeks At least 7 years but less than 8 years 13 weeks At least 8 years but less than 9 years 14 weeks At least 9 years but less than 10 years 16 weeks At least 10 years 12 weeks A week's pay means a payment at the base rate of pay for the employee concerned, for the typical hours they would be rostered to work per week. Where an employee has worked irregular hours, the average hours worked in the 3 months prior to termination will be used to calculate any redundancy payments payable under this clause. The redundancy payments must not exceed the amount which the employee would have earned if employment with Travellers Aid had proceeded to the employee's normal retirement date. If Travellers Aid is able to obtain an offer of suitable alternative employment for an employee there will be no obligation to pay redundancy under this Agreement, even if the employee does not accept the offer. The redundancy payment in this clause is not payable in circumstances where, due to a restructure or transmission of business, an employee's position is made redundant, but Travellers Aid is able to procure an offer of employment for the employee, on similar terms and conditions. A reduction in rostered hours or change in location, will not be sufficient to entitle an employee to redundancy payments if the other terms remain similar to those previously received by the employee. Should Travellers Aid have less than 15 employees (including casual employee) at the time employees are made redundant, then no redundancy will be payable under this term.
Period of Continuous Service Redundancy Pay. Less than 1 year Nil At least 1 year but less than 2 years 4 weeks pay At least 2 years but less than 3 years 6 weeks pay At least 3 years but less than 4 years 7 weeks pay At least 4 years but less than 5 years 8 weeks’ pay At least 5 years but less than 6 years 10 weeks’ pay At least 6 years but less than 7 years 11 weeks’ pay At least 7 years but less than 8 years 13 weeks’ pay At least 8 years but less than 9 years 14 weeks’ pay At least 9 years but less than 10 years 16 weeks’ pay At least 10 years 12 weeks’ pay * * There is a reduction in redundancy pay from 16 weeks to 12 weeks for employees with at least 10 years continuous service. This is consistent with the 2004 Redundancy Case decision made by the Australian Industrial Relations Commission. Employees whose position is made redundant after 10 years or more of service will receive only 12 weeks' pay, to avoid 'double counting' for employees who receive pro rata long service leave entitlements.
Period of Continuous Service Redundancy Pay. At least 1 year but less than 2 years 4 weeks At least 2 years but less than 3 years 6 weeks At least 3 years but less than 4 years 7 weeks At least 4 years but less than 5 years 8 weeks At least 5 years but less than 6 years 10 weeks At least 6 years but less than 7 years 11 weeks At least 7 years but less than 8 years 13 weeks At least 8 years but less than 9 years 14 weeks At least 9 years but less than 10 years 16 weeks At least 10 years 16 weeks For the purposes of this agreement, a week's pay will mean the employee's ordinary weekly rate of pay including shift allowances but excluding penalty rates applicable at the time of termination of employment.