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AN160133 – Foremen (Building Trades) Award 1991

24. - REDUNDANCY

(1) Definitions

(2) Discussions to Precede Redundancy

(3) Redundancy Pay

PERIOD OF CONTINUOUS SERVICE WITH AN EMPLOYER

REDUNDANCY/SEVERANCE PAY

   

1 year or more but less than 2 years

2.4 weeks pay plus, for all service in excess of 1 year, 1.75 hours pay per completed week of service up to a maximum of 4.8 weeks pay.

   

2 years or more but less than 3 years

4.8 weeks pay plus, for all service in excess of 2 years, 1.6 hours pay per completed week of service up to a maximum of 7 weeks pay.

   

3 years or more but less than 4 years

7 weeks pay plus, for all service in excess of 3 years, 0.73 hours pay per completed week of service up to a maximum of 8 weeks pay.

   

4 years or more

8 weeks pay

(4) Fund

(5) Foreman Leaving During Notice

(6) Leave for Job Interviews

(7) Disputes Settling Procedure

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