Employment Lawyers Negotiate Severance Packages

If you’ve been let go in a mass layoff, the company may be trying to entice you to sign your severance package and waive your rights in exchange for getting paid. But are you being offered a fair amount?

It is vital to have your severance package reviewed by an experienced employment lawyer Toronto. This is a great way to ensure that the company is not underpaying you. Employment Lawyers in Toronto can assess your severance package, and determine whether or not it is within the range of what you are legally entitled to under common law. They can also assist you in determining your entitlement to notice of termination (as specified by employment standards legislation) and other forms of compensation, such as commissions, bonuses, car allowance, and more.

Your employment contract may contain a clause that limits the severance you are entitled to upon dismissal. However, it is important to remember that these contracts are not always enforceable. The law on termination clauses is constantly changing, and what was valid the day you signed your contract may not be today. In addition, even without a contract, it is not uncommon for a company to limit your severance package simply because they can.

Can Employment Lawyers Negotiate Severance Packages?

You are entitled to reasonable notice of termination, and severance packages must include your notice period and all other forms of compensation you were receiving during the course of employment. An experienced Employment Lawyer in Toronto can help you determine your entitlements and negotiate a severance package that meets those entitlements.

Non-unionized employees in Ontario are governed by a set of laws called the Employment Standards Act, which provides for minimum amounts that must be given at the time of termination. However, there are many factors that are considered when determining how much severance pay you will receive from a non-unionized employer in Ontario. An experienced employment lawyer can evaluate these factors and apply them to your unique situation to help you obtain a fair severance package from your employer.

While it may be tempting to save on legal fees by going into negotiations without the benefit of an Employment Lawyer in Toronto, this is often not in your best interests. You will be negotiating against the company, which has its own counsel on its side and is working to achieve a swift resolution to the matter. The adage that most negotiations end with both parties being slightly unhappy is very true – but you do not want to risk losing out on the total value of your package.

If you’re looking for an Employment Lawyer in Toronto to help with your severance package or any other aspect of employment law, contact Bune Law today to arrange your consultation. We offer free no obligation consultations and can work on a contingency fee basis, meaning you pay nothing upfront and your lawyer is compensated based on a percentage of the recovery. We are committed to assisting you in all your employment matters and can advise on both unionized and non-unionized employment issues.