Standard severance terms?
#1
Thread Starter
Forum Regular



Joined: Jan 2009
Posts: 218
From: Toronto











Hi,
In the negotiation process for my new role in Toronto we have come up against the question of severance pay in my contract. In the UK I have three months notice plus one week for each year of service tax free if I am made redundant or severed without cause. As I understand it this is a bigger risk in Canada so trying to negotiate something better but I am told this is a large figure compared to the normal in Canada. Can anyone advise?
Thanks
Julie
In the negotiation process for my new role in Toronto we have come up against the question of severance pay in my contract. In the UK I have three months notice plus one week for each year of service tax free if I am made redundant or severed without cause. As I understand it this is a bigger risk in Canada so trying to negotiate something better but I am told this is a large figure compared to the normal in Canada. Can anyone advise?
Thanks
Julie
#2
Hi,
In the negotiation process for my new role in Toronto we have come up against the question of severance pay in my contract. In the UK I have three months notice plus one week for each year of service tax free if I am made redundant or severed without cause. As I understand it this is a bigger risk in Canada so trying to negotiate something better but I am told this is a large figure compared to the normal in Canada. Can anyone advise?
Thanks
Julie
In the negotiation process for my new role in Toronto we have come up against the question of severance pay in my contract. In the UK I have three months notice plus one week for each year of service tax free if I am made redundant or severed without cause. As I understand it this is a bigger risk in Canada so trying to negotiate something better but I am told this is a large figure compared to the normal in Canada. Can anyone advise?
Thanks
Julie
#3
I think reality is a somewhere between the two.
Both times its happened to me I got the legal min of two weeks, but also severance of 2 or 3 months pay....coincidentally having worked for about three years for them in both cases....
Both times its happened to me I got the legal min of two weeks, but also severance of 2 or 3 months pay....coincidentally having worked for about three years for them in both cases....




