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Determining Severance Pay: Legal Requirements and Risks for Employers
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Determining Severance Pay: Legal Requirements and Risks for Employers
Severance pay is a critical issue for employers in Ontario when terminating an employee. Failing to comply with legal requirements can result in significant financial liability and reputational harm. Employers must understand when severance pay is required under the Employment Standards Act, 2000 (ESA), the difference between statutory and common law obligations, and how to mitigate risks associated with wrongful dismissal claims.This article ou…
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