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 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.
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.
