Policy HR98 SEVERANCE PAYMENT PROVISIONS FOR STAFF EMPLOYEES

POLICY'S INITIAL DATE: May 1, 2011
THIS VERSION EFFECTIVE: May 1, 2011

Contents:

  • Purpose
  • Overview
  • Standing Appointments
  • Fixed-Term I Appointments
  • HR88 Appointments
  • Cross References

  • PURPOSE:

    To provide the criteria under which an employee laid off under policy HR97, Layoff Provisions for Staff Employees, is eligible to receive a severance payment.

    OVERVIEW:

    Length of University employment is measured in months of continuous employment in a Standing or Fixed-Term I appointment from the date of last hire and includes leaves of absence. Employment ceases to be measured when an employee quits, resigns, or is dismissed.

    An employee may receive a maximum of 26 weeks of pay as severance payment. Such payment is made as a lump-sum and is reduced by all applicable deductions.

    The University and employee must execute an agreement and general release memorializing the terms and conditions of the severance payment.

    STANDING APPOINTMENTS:

    An employee on a Standing appointment who is laid off under policy HR97, Layoff Provisions for Staff Employees, will receive a one-time, lump-sum severance payment in accordance with the following schedule:

    Layoff Provisions for Staff Employees
    Length of Service Severance Pay
    Less than 1 year (Probationary) none
    1 to 22 years 4 weeks* plus 1 week's pay for each year of service
    Greater than 22 years 26 weeks*

    *Any time paid, but not worked, during the four-week notice period will be deducted from the severance payment.

    FIXED-TERM I APPOINTMENTS:

    An employee on a Fixed-Term I appointment who is laid off under policy HR97, Layoff Provisions for Staff Employees, and is not given opportunity to work the four-week notice period will receive a one-time, lump-sum severance payment equal to four-weeks’ pay. If the employee is given opportunity to work only a portion of the four-week notice period, the employee will receive the difference for the part of the four-week notice period not worked as severance payment.

    HR88 APPOINTMENTS:

    The weekly pay rate is calculated by dividing the actual annual salary by 52 weeks.

    CROSS REFERENCES:

    HR06 - Types of Appointments

    HR88 - Full-Time Equivalent Appointments

    HR97 - Layoff Provisions for Staff Employees


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