Common use of Redundancy Payments Clause in Contracts

Redundancy Payments. (a) For under 12 months weekly service - Nil. (b) For each completed year of service, after 1 year, an employee made redundant shall receive three weeks pay for each year of service up to a maximum of sixty (60) weeks pay.

Redundancy Payments. (a) For under 12 months weekly service - Nil. (b) For . At the completion of each completed year of service, after 1 year, 12 months weekly service - as per attached schedule with an employee made redundant shall receive three weeks pay for each year of service up to a overall maximum of sixty (60) 36 weeks base pay.. 1 3 2 6 3 9 4 12 5 15 6 18 7 21 8 24 9 27 10 30 11 33

Redundancy Payments. (a) For under 12 months weekly service - Nil. (b) For . At the completion of each completed year of service, after 1 year, 12 months weekly service - as per attached schedule with an employee made redundant shall receive three weeks pay for each year of service up to a overall maximum of sixty (60) 36 weeks base pay.

Redundancy Payments. (a) For under 12 months weekly service - Nil. Nil At the completion of each 12 months weekly service - as per attached schedule with an overall maximum of 72 weeks base pay. * Each employee (bwith between 1 year and 24 years service) For each completed year of service, after 1 year, an employee made redundant shall will receive three 3 weeks pay for each year of service completed service, as detailed in the table below. 1 3 10 30 15 45 20 60 up to a 24 72 maximum of sixty * For employees over 25 years completed service 1.5 weeks will be paid for all completed years from 25 years service onwards. (60) eg: 27 years continuous service :- 24 years x 3 weeks pay.= 72 weeks 3 years x 1.5 weeks = 4.5 weeks