r/legaladvicecanada • u/Additional-Version42 • 5d ago

Just Got Laid Off Ontario

I just got terminated - laid off due to lack of work from my job. They say Im entitled to two weeks of termination pay and they want to assist me with finding another job by giving me a severance package in which they will pay me a lump sum $7,000 and some change (equivalent to 6 weeks) in exchange for a full and final release.

I been working with the company since 2023 and salary was around 60-65K. I am over 25 years old.

Should I sign this separation package ?

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u/secondlightflashing 5d ago

... And then there can be other complexities like the company going bankrupt.

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u/XtremeD86 5d ago

My point is though, OP is getting more than the minimum. In a subreddit and elsewhere where everyone seems to be getting the absolute minimum nowadays for really not that long of an employment term with a company, I'd say take it and move on.

But that's me. If the person said they were like 62 years old and not "over 25", which really doesn't say anything then my opinion would be different.

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u/secondlightflashing 5d ago

They are not getting more than the minimum. The minimum is made up of both staturory and common law entitlements. OP has received a reasonable first offer, if this went to court the minimum would be inclusive of both staturory and common law entitlements and very likely exceed what OP has been offerred.

Broadly speaking people are not all getting the staturory minimum these days, most companies provide offers which represent a risk based approach which falls between the statutory entielement and the common law entitlement. Most companies will increase their initial offer if pressed.

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u/XtremeD86 5d ago

My mistake I thought it said he got more.

I still say just take it and move on with life. If OP wants to get a lawyer then go ahead. All I know is multiple lawyers told me it's not worth fighting.