Redundancy Entitlement Clause Samples

Redundancy Entitlement. The Company will contribute $60.00 per week per Employee into the Australian Construction Industry Redundancy Trust (ACIRT). This contribution will increase to $68.00 from 1 January 2007. Once an Employee has accrued 8 weeks pay in their ACIRT account they may elect to have their redundancy contribution paid into Cbus.

Redundancy Entitlement. There shall be no forced redundancies for the life of this agreement. Should a Council offer a redundancy package for consideration by an employee or group of employees, such package shall comprise a minimum of: • 1 weeks notice of termination per completed year of service to a maximum of 4 weeks or payment (total average weekly wage) in lieu thereof and • 1 weeks of total average weekly wage as severance payment for each completed year of service with the Council to a maximum of 12 weeks. • For employees over 45 years of age an additional 4 weeks severance pay The total amount of notice of termination or payment in lieu and severance payment should not exceed 20 weeks.

Redundancy Entitlement. In lieu of the Redundancy contributions in Appendix C1, for Crane Crew, the Company will pay the following redundancy contributions in accordance with clause 10.4 of this Agreement: For permanent full-time and part-time Employees weekly amount Casual daily rate to a maximum of 5 days in a given week Monday to Sunday 1 March 2023 $193.90 $38.80 1 July 24 $207.47 $41.49 1 July 25 $217.85 $43.57 1 July 26 $228.74 $45.75 1 July 27 $240.18 $48.04 Once an Employee has accrued 8 weeks pay in their account, they may elect to have their redundancy contribution paid into Cbus. Unused RDO’s, other than the six (6) banked, shall be paid out by 31 December of each calendar year. The rate of pay for crane crew/s temporarily performing general maintenance work in the yard shall be the CW3 NT classification rate of pay in Appendix B of this Agreement. Where Employee/s perform the duties of a Tower Crane Crew in the yard they shall be paid the rates of pay and conditions of the CW7 classification in this Agreement.

Redundancy Entitlement. Where the Employer decides to terminate an Employee’s employment 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 severance payment according to the following table: 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

Redundancy Entitlement. The company will contribute $60.00 per week into ACIRT. To assist the company tendering and securing work on smaller projects (i.e., where the builders package is less than $10 million) employees may agree to a payment of $35.00 per week. Once an employee has accrued 8 weeks pay in their Redundancy Fund account they may elect to have their redundancy contribution paid into a relevant Superannuation Fund. The company will contribute $90.00 per week or 9% of ordinary time earnings (whichever is the greater) into C+BUS/Superannuation Fund. "Ordinary time earnings" means the actual ordinary rate of pay the employee receives for ordinary hours of work and includes an employees hourly rate, fares allowance, company productivity/site allowances and any other allowances or loadings prescribed by the award. In respect of the company productivity allowance the 9% will apply for 8 hours payment for Monday to Friday where worked or on paid leave (not on RDO’s). This percentage will increase if the Superannuation Guarantee rate is increased by legislation. All other provisions of the award shall apply. The Company will contribute $1.00 per week per Employee to an administrator nominated by the Building Trades Group (BTG) of Unions Drug & Alcohol Foundation. The aim of the company is to provide a work environment free from all types of discrimination and sexual harassment for all employees fully supporting the Sex-Discrimination Act 1984 and the Anti Discrimination Act 1977. The company fully complies with all applicable requirements of the federal & state Legislation on discrimination, including, but not limited to discrimination on the grounds of religion, national origin, marital status, gender, disability or age. There is an expressed commitment by the company to prohibit discrimination against applicants or employees in employment, promotion, demotion, transfer, recruitment, recruitment advertising, stand downs, termination, rates of pay and other forms of compensation, and selection for training. Sexual Harassment is unacceptable behaviour, which is not asked for and can take many forms, obvious or subtle, direct or indirect. It can include, but is not limited to display of sexually suggestive, offensive degrading material, computer screen savers and e-mail, sexually suggestive looks and comments, wolf whistling or physical contact and indecent assault. Should there be an occurrence where a complaint of discrimination or sexual harassment has been received, the co...

Redundancy Entitlement. Redundancy shall be paid in accordance with the NES and shall be paid in accordance with the below table: In calculating the number of employees employed by the Company for the purposes of this clause, the same formula under Section 23 of the Act shall be used. 1 At least 1 year but less than 2 years 4 weeks 2 At least 2 years but less than 3 years 6 weeks 3 At least 3 years but less than 4 years 7 weeks 4 At least 4 years but less than 5 years 8 weeks 5 At least 5 years but less than 6 years 10 weeks 6 At least 6 years but less than 7 years 11 weeks 7 At least 7 years but less than 8 years 13 weeks 8 At least 8 years but less than 9 years 14 weeks 9 At least 9 years but less than 10 years 16 weeks 10 At least 10 years 12 weeks Weeks’ pay means the gross weekly ordinary all-purpose rate of pay, at the date of termination. Where an Employee who is terminated receives a benefit from a severance pay scheme, he/she shall only receive the difference between the redundancy pay specified above and the amount of the severance benefit he or she receives which is attributable to Company contributions. If the severance benefit is greater than the amount under the table herein then he/she shall receive no payment under that table.

Redundancy Entitlement. The Company will contribute $68.00 per week per Employee into the Australian Construction Industry Redundancy Trust (ACIRT). Once an Employee has accrued 8 weeks pay in their ACIRT account they may elect to have their redundancy contribution paid into Cbus. In lieu of the Award meal allowance provision for overtime $15.00 shall be payable. This allowance will also be in lieu of the first 20 minutes crib payable for overtime Monday to Friday found in the Award. This amount shall replace the amount prescribed by the Award and shall remain in force without variation for the duration of the Agreement.

Redundancy Entitlement. The Company will contribute $70.00 per week per Employee into the Australian Construction Industry Redundancy Trust (ACIRT) (or other equivalent state based scheme). The contributions to Incolink will be as detailed in the trust deed Once an Employee has accrued 8 weeks pay in their ACIRT (or other equivalent state based scheme) account they may elect to have their redundancy contribution paid into Cbus (or another equivalent scheme).

Redundancy Entitlement. 28.5.1 Redundancies will apply to full time and part time Employees only. A ‘Fixed term employee’ engaged on either a full time or part time basis shall not be entitled to any form of retrenchment or redundancy payment.