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.
Appears in 2 contracts
Sources: Enterprise Bargaining Agreement, Enterprise Bargaining Agreement
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 will not exceed 20 weeks.
Appears in 1 contract
Sources: Enterprise Bargaining Agreement