Common use of Redundancy Entitlement Clause in Contracts

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.

Appears in 2 contracts

Sources: Collective Agreement, Collective Agreement