Business Law
Severance Packages
Business Law
Severance Packages and Reasonable Notice
Have you been terminated without just cause? Did you get a notice of termination with Severance Packages that don’t seem right for you?
At the time of termination, reasonable notice has to be given to an employee. Here reasonable notice refers to the number of days prior to which the employee is informed about the actual termination. Reasonable notice may also mean payment in lieu of that notice and is also known as a severance package.
Both employer and you may disagree on the number of days or the severance package amount. Every step in this process is governed by the Employment Standards Act (ESA). The ESA provides for a certain minimum amount that an employee has to be given at the time of termination, though various factors are also at play here. It is crucial to note that all employees may not be covered under the ESA.
At Nanda & Associate Lawyers, skilled Employment Lawyers will assist you in reviewing and negotiating severance packages. We will support you in making sure that your severance package is reasonable and aligned with your entitlements and rights.
What Happens After Termination
If you have been terminated without just cause, you have rights to be served with a notice period or pay in lieu of notice. Here, the appropriate length of the notice period and the compensation amount is ascertained after reviewing many factors.
The moment you accept a severance package or sign a release, you can no longer negotiate for any of your rights and entitlements.
Consulting an Employment Lawyer is advisable before you sign any release document. It will give you enough time to plan and negotiate your severance package fairly and equitably. You have every legal right to take independent legal advice before you sign any severance agreement.
You can connect with our experienced Employment Lawyers to protect and safeguard your rights and legal interest at this time. We will assist you in formulating personalized strategies that are time-sensitive and cost-effective. We will also do our best to resolve the issue amicably with your employer. We also possess the skill to effectively litigate with them if needed to safeguard your legal interests.
Involving employment lawyers at the beginning of the severance development process can help in moving towards a quicker and more effective resolution. At this challenging time, it is normal to feel emotional. Professional legal advice can help in interpreting and suitably negotiating with your employer at this trying time.
We can Help
Don’t leave the workplace if you are not aware of your rights. Connect with Nanda & Associate Lawyers to know how we can help you. Our experienced Employment Law Lawyers understand your specific circumstances and provide tailored and customized solutions for each of them. For all severance packages concerns or queries about the reasonable notice, please call us today.
Our Mississauga Employment Lawyers are available for a consultation. Come and experience our quality legal counsel and personalized care we give to each client. We ensure prompt communication and a professional approach to achieve successful outcomes for you.
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