Employee Rights Upon Termination of Employment
In Ontario employment law, a severance package is a binding legal contract between an employer and a former employee that sets out the terms and conditions governing the end of an employment relationship. Amongst other things, it outlines the compensation and benefits the employee will receive as a result of their termination of employment, and will usually include a termination letter and a full and final legal release where an employee can negotiate their severance package. Before signing, it is important to review with an employment lawyer to understand if, and how, you could negotiate a severance package with your employer.
Reviewing a Severance Package
Negotiating a severance package is a challenging process, but it is necessary if employees hope to get the best deal possible that will provide them financial support as they search for and transition to new employment. After receiving a severance package, the most important step for an employee dealing with a wrongful dismissal claim is to consult with an employment lawyer.
Negotiate a Severance Package
The main purpose (and benefit) of holding an employment lawyer consultation is understand the details of the severance package. Most importantly, before you sign any paperwork, an experienced employment lawyer will help explain to you whether the employer’s initial termination letter offer of termination pay and severance pay is fair and adequate, as well as any continuation of employee health insurance, bonus pay, and so on. In particular circumstances, an employment lawyer will offer to assist in negotiating your severance package after carefully reviewing and identify specific areas where that can negotiated to improve your severance package.
It is important to remember that if your employer tries to pressure you to sign the severance package quickly, because you have the right to take some time to review it and consult with an employment lawyer to obtain what you deserve. Just as importantly, you should always be respectful and reasonable in interactions with one employer before you obtain legal representation to assist in your wrongful dismissal claim and severance package negotiation.
Are You Looking for Employment Lawyer in Toronto to Negotiate a Severance Package?
If you are an employee who believes they were wrongfully terminated from your employment, it is important to speak with an experienced Toronto wrongful dismissal lawyer as soon as you are told by your employer that their employment will be terminated. Likewise, if you are an employee who believes you have been wrongfully dismissed and the decision to terminate was unjust or discriminatory, please speak with our experienced wrongful dismissal lawyer in Toronto regarding your options, including negotiating your severance package to obtain the severance compensation you deserve, as well as wrongful dismissal claim.
Contact us by phone 647-822-5492 or fill out the contact form to the side. Our employment lawyer in Toronto would be happy to assist in your employment law matter as quickly as possible.
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