Common use of Redundancy / Severance Clause in Contracts

Redundancy / Severance. 33.1 Where the Company decides that the job an employee is doing or a number of employees are doing will no longer be done or no longer be done in the manner in which the work has traditionally been performed, and the decision may lead to termination of employment, the Company will as soon as practicable after that decision meet with the employee or employees concerned to discuss the following: 33.1.1 The reasons for the proposed termination(s). 33.1.2 Measures to avoid or minimise the terminations. 33.1.3 Measures to mitigate any adverse effects of the termination or terminations on the employee(s) concerned. 33.2 Reasons for the terminations might include but not necessarily be limited to organisation change, changes in work practice or procedure or in the nature of work to be performed, technological or equipment change, market forces and diminution of reserves 33.3 To assist the discussions, the Company shall provide as soon as practicable relevant information about the proposed terminations to the employees concerned: 33.3.1 The number of employees normally employed. 33.3.2 The number and classifications of employees likely to be affected. 33.3.3 The reasons for the terminations, and 33.3.4 The period over which the terminations are likely to be carried out and/or the dates on which the terminations are likely to be effected. 33.3.5 Notwithstanding the above, the Company is not required to disclose confidential information if the disclosure of information may be contrary to the Company’s interests. 33.4 Subject to the provisions of clause 19 which may require a longer period of notice to be given, where the Company wishes to terminate the employment of an employee as a result of redundancy, the employee shall be given four (4) calendar weeks written notice of the termination. 33.5 Notwithstanding the provisions in subclause 33.4 above requiring notice to be given by the Company, the employment may be terminated by payment in lieu of the required notice, in which case payment shall be made as if the employee had continued to work as rostered for the whole of the notice period.‌ 33.6 Redundant employees will be entitled to payment on termination of three weeks at the aggregate rate for each completed year of continuous employment with the Company, provided that in no case will an employee be paid in total less than three weeks at the aggregate rate.