Void space in the Severance Plan

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How to Void space in the Severance Plan

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- Hi, Im Daniel Lublin, founding partner of Whitten Lublin Employment Lawyers, and I have with me Marc Kitay. Marcs an experienced employment lawyer at the firm. Were gonna talk to you today about severance packages in Ontario and Canada. Marc can you describe the basis of a severance package? What is it? - Sure, so the basis of a severance package in Canada and Ontario is the notion that if your employers going to fire you its required to compensate you for either a reasonable period of time or enough time for you to get from job A to job B. So the object is that you will not suffer any interruption in your earnings. - The million dollar question people ask is, how much severance are they entitled to? - Right. - How about calculating that? - And its a very complicated question. We look at how old the employee is, how long theyve been with their employer, and the type of seniority of role that have, and generally speaking the older you are, the longer tenured you are, and the

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