Common use of Voluntary Lay Off Clause in Contracts

Voluntary Lay Off. Employees who have been approved for a voluntary lay off shall be eligible for two (2) weeks pay for each year of service, plus a pro-rated amount for any additional partial year of service with CBS, to a maximum of fifty-two (52) weeks, on the basis of the employee's regular weekly earnings. In the case of a part­ time employee the average weekly regular wages earned by the employee in the sixteen (16) week period immediately preceding the date of voluntary layoff. Such employees shall not be eligible for notice as outlined under Article 6.05 above or under the ESA.

Appears in 2 contracts

Sources: Collective Agreement, Collective Agreement

Voluntary Lay Off. Employees who have been approved for a voluntary lay off shall be eligible for two (2) weeks pay for each year of service, plus a pro-rated amount for any additional partial year of service with CBS, to a maximum of fifty-two (52) weeks, on the basis of the employee's ’s regular weekly earnings. In the case of a part­ part- time employee the average weekly regular wages earned by the employee in the sixteen (16) week period immediately preceding the date of voluntary layoff. Such employees shall not be eligible for notice as outlined under Article 6.05 above or under the ESA.

Appears in 1 contract

Sources: Collective Agreement

Voluntary Lay Off. Employees who have been approved for a voluntary lay off shall be eligible for two (2) weeks pay for each year of service, plus a pro-rated amount for any additional partial year of service with CBS, to a maximum of fifty-two (52) weeks, on the basis of the employee's regular weekly earnings. In the case of a part­ time employee the average weekly regular wages earned by the employee in the sixteen (16( 1 6) week period immediately preceding the date of voluntary layoff. Such employees shall not be eligible for notice as outlined under Article 6.05 above or under the ESA.

Appears in 1 contract

Sources: Collective Agreement