I got a huge severance package after only 1 year at my company. That’s because of labor laws im Canada. It equates to over a year in salary.
My US counterparts didn’t get that, not sure if that 35% applies to the US, but if it does it’s much more expensive everywhere else. And yeah, all this so it looks good on paper.
Labor laws vary by province and I don’t know of any labor law that makes it an obligation to pay over a year of salary after a year of employment, the most probable reason you got that is the employment directives/your employment contract you had with your previous employer.
It’s the law in almost every Canadian province for collective layoffs. 50-100 people is like 8 weeks, then 100-200 is 12 weeks and 200 plus is 16 weeks, or something. It’s on all the provinces labor law websites. My teammates in BC and Alberta got the same type of protections from what we discussed.
They had to pay out my stocks that would have vested if I kept my notice. Then because it was a mass layoff of more than a few hundred people they had to give me 16 weeks notice, plus my schedule and accrued vacation up until then and up until the notice period ends (in 16 weeks). Meaning the have to keep me on payroll with full benefits.
To sever that and entice me to hop off payroll and benefits, they gave me an addition 3 months pay. That gives me roughly my yearly salary.
50-100 people islike8 weeks, then100-200is12 weeks and200 plus is16 weeks, or something
Yeah so there’s a difference between the two, right? Because in one case you’re including extra that your employer paid that not everyone is entitled to and in the other it’s what the law gives you right to if the notification period isn’t respected.
And again, labor laws are provincial in the vast majority of cases, only a couple of industries use federal laws. In any case, only one set of laws apply to you, federal laws can be less than what you’re entitled to if you were working in a job under provincial laws in your province of work.
Why are you so hellbent on trying to convince me this wasn’t expensive for my company, or that somehow I’m the only who got this?
We’re in the tech business, we all get stocks. When they have to give you notice of 16 weeks, you still work there for 16 weeks, so you keep vesting stocks and getting benefits. Then they offer everyone to terminate them now (not in 16 weeks) and give a bonus to make it go away.
I don’t see the difference, because of those notice weeks they had to pay me what “equates to a years worth of salary”.
The same laws are in BC and Alberta, so my guess is this was federally mandated for all provinces to implement collective labor laws. At the end of the day we would all fall on federal employment insurance so it makes sense.
I really don’t see your point, aside from trying to convince me I should have gotten the same as the US. It’s not “if the notice period isn’t respected”. They owe you that period, and they pay people extra to make it go away. So i got 16 weeks + 3 months + accrued vacation + stocks
I got a huge severance package after only 1 year at my company. That's because of labor laws im Canada. It equates to over a year in salary.
What you got that was related to labor laws is 16 weeks of pay, the rest was all from your employer and a worker in another business wouldn’t necessarily be entitled to it.
First, I’m in quebec not BC. I was just saying BC also get that too, and Alberta as well. I was just let go last week and we all spent time with our lawyers comparing our rights.
In Quebec (at the link I sent you), everyone is entitled to get their accrued vacation paid. Everyone is entitled to remain employed during those 16 weeks, and keep their benefits (be those stocks or other).
For any company, if the company does not want to set you termination date in 16 weeks and keep you on the books, they can offer you to give all that up, be terminated in 2 weeks for an extra lump sum. 16 weeks + something, or stay on the books and get 16 weeks + benefits
In my case it equated to a lot (a year), which is the point is was making, if it wasn’t so cheap in the US they might not do it. It would still be a lot for any other full time employee in Canada, at least proportional to their salary. Even without stocks it would have been plenty.
Edit: I forgot, but they also get 1 week per year of service, which I forgot to mention because I didn’t benefit from that much.
As per your link the indemnity is based on if you had your 16 weeks notice or not.
Vacation pay isn’t a layoff indemnity, it’s separate and something you’re entitled to no matter the reason why you stop working for your employer.
Also the Quebec law link was added as an edit which is why I thought you were in BC (since you mentioned it).
Thanks for proving my point for me anyway.
As for why I’m so hellbent on proving you wrong? Because I’m tired of people not understand the levels of government and their powers and I think there’s a whole lot wrong with our country that can be attributed to it.
Well if youre tired of it, learn how to read lol. In once sentence I say this is likely federally mandates for provinces to have laws like that because all my buddies have similar stuff in other provinces, and in another sentence I give you a link to my laws in quebec.
Then you somehow say I think CNESST is Canada. You’re just inventing stuff to frustrate yourself.
In quebec, that same CNESST law gives me the vacation because it’s a collective layoff. I would not otherwise be entitled to it, as you can see by what is offered if it was just a personal layoff.
It sounds like the company has cash and they’re trying to keep up morale. Over a year of severance for employees with less than a year of employment isn’t required by Canadian law that I know of^(not that I’m super knowledgeable about labour law).
We don’t do yearly layoffs, but at my employer it’s 90 days plus a week for each year of service, and benefits for a year. And if you’re eligible to retire, you get to do that also. Last time there was a rumor of layoffs, all the long-timers were hoping they got laid off.
I got a huge severance package after only 1 year at my company. That’s because of labor laws im Canada. It equates to over a year in salary.
My US counterparts didn’t get that, not sure if that 35% applies to the US, but if it does it’s much more expensive everywhere else. And yeah, all this so it looks good on paper.
Labor laws vary by province and I don’t know of any labor law that makes it an obligation to pay over a year of salary after a year of employment, the most probable reason you got that is the employment directives/your employment contract you had with your previous employer.
It’s the law in almost every Canadian province for collective layoffs. 50-100 people is like 8 weeks, then 100-200 is 12 weeks and 200 plus is 16 weeks, or something. It’s on all the provinces labor law websites. My teammates in BC and Alberta got the same type of protections from what we discussed.
They had to pay out my stocks that would have vested if I kept my notice. Then because it was a mass layoff of more than a few hundred people they had to give me 16 weeks notice, plus my schedule and accrued vacation up until then and up until the notice period ends (in 16 weeks). Meaning the have to keep me on payroll with full benefits.
To sever that and entice me to hop off payroll and benefits, they gave me an addition 3 months pay. That gives me roughly my yearly salary.
Here is the law in Quebec
It equates to over a year in salary.50-100 people is like 8 weeks, then 100-200 is 12 weeks and 200 plus is 16 weeks, or somethingYeah so there’s a difference between the two, right? Because in one case you’re including extra that your employer paid that not everyone is entitled to and in the other it’s what the law gives you right to if the notification period isn’t respected.
And again, labor laws are provincial in the vast majority of cases, only a couple of industries use federal laws. In any case, only one set of laws apply to you, federal laws can be less than what you’re entitled to if you were working in a job under provincial laws in your province of work.
Why are you so hellbent on trying to convince me this wasn’t expensive for my company, or that somehow I’m the only who got this?
We’re in the tech business, we all get stocks. When they have to give you notice of 16 weeks, you still work there for 16 weeks, so you keep vesting stocks and getting benefits. Then they offer everyone to terminate them now (not in 16 weeks) and give a bonus to make it go away.
I don’t see the difference, because of those notice weeks they had to pay me what “equates to a years worth of salary”.
The same laws are in BC and Alberta, so my guess is this was federally mandated for all provinces to implement collective labor laws. At the end of the day we would all fall on federal employment insurance so it makes sense.
I really don’t see your point, aside from trying to convince me I should have gotten the same as the US. It’s not “if the notice period isn’t respected”. They owe you that period, and they pay people extra to make it go away. So i got 16 weeks + 3 months + accrued vacation + stocks
I got a huge severance package after only 1 year at my company. That's because of labor laws im Canada. It equates to over a year in salary.What you got that was related to labor laws is 16 weeks of pay, the rest was all from your employer and a worker in another business wouldn’t necessarily be entitled to it.
https://www2.gov.bc.ca/gov/content/employment-business/employment-standards-advice/employment-standards/forms-resources/igm/esa-part-8-section-64
That’s what I’m trying to make you understand and the fact that no, it’s not Canadian laws that gave you that, it’s BC provincial laws.
The federal equivalent applies to any layoff of 50 employees in a business under federal labor laws, there’s only one type of mass layoff.
https://www.canada.ca/en/services/jobs/workplace/federal-labour-standards/termination.html#h2.1-h3.4
First, I’m in quebec not BC. I was just saying BC also get that too, and Alberta as well. I was just let go last week and we all spent time with our lawyers comparing our rights.
In Quebec (at the link I sent you), everyone is entitled to get their accrued vacation paid. Everyone is entitled to remain employed during those 16 weeks, and keep their benefits (be those stocks or other).
For any company, if the company does not want to set you termination date in 16 weeks and keep you on the books, they can offer you to give all that up, be terminated in 2 weeks for an extra lump sum. 16 weeks + something, or stay on the books and get 16 weeks + benefits
In my case it equated to a lot (a year), which is the point is was making, if it wasn’t so cheap in the US they might not do it. It would still be a lot for any other full time employee in Canada, at least proportional to their salary. Even without stocks it would have been plenty.
Edit: I forgot, but they also get 1 week per year of service, which I forgot to mention because I didn’t benefit from that much.
CNESST =/= Canadian law
As per your link the indemnity is based on if you had your 16 weeks notice or not.
Vacation pay isn’t a layoff indemnity, it’s separate and something you’re entitled to no matter the reason why you stop working for your employer.
Also the Quebec law link was added as an edit which is why I thought you were in BC (since you mentioned it).
Thanks for proving my point for me anyway.
As for why I’m so hellbent on proving you wrong? Because I’m tired of people not understand the levels of government and their powers and I think there’s a whole lot wrong with our country that can be attributed to it.
Well if youre tired of it, learn how to read lol. In once sentence I say this is likely federally mandates for provinces to have laws like that because all my buddies have similar stuff in other provinces, and in another sentence I give you a link to my laws in quebec.
Then you somehow say I think CNESST is Canada. You’re just inventing stuff to frustrate yourself.
In quebec, that same CNESST law gives me the vacation because it’s a collective layoff. I would not otherwise be entitled to it, as you can see by what is offered if it was just a personal layoff.
It sounds like the company has cash and they’re trying to keep up morale. Over a year of severance for employees with less than a year of employment isn’t required by Canadian law that I know of^(not that I’m super knowledgeable about labour law).
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90 days is pretty standard in the US, at least with bigger companies that have to abide by the WARN Act
We don’t do yearly layoffs, but at my employer it’s 90 days plus a week for each year of service, and benefits for a year. And if you’re eligible to retire, you get to do that also. Last time there was a rumor of layoffs, all the long-timers were hoping they got laid off.