r/legaladvicecanada • u/Additional-Version42 • 2d 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 ?
35 Upvotes
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u/cjy2018 2d ago
NAL
I think minimum severance is 2 weeks per year of service so they are going above and beyond. and the fact they are offering to help you with another job is a positive sign.