Employee layoffs, particularly within the context of Canada’s big banks, raise important considerations for both employers and employees. In the wake of a multitude of economic challenges, rising interest rates, and global events such as the COVID-19 pandemic, the banking industry has implemented significant workforce restructuring. In light of the … Continue reading
With a view to promote gender equality and pay equity in the workplace, the province of British Columbia passed the Pay Transparency Act on May 11, 2023, and will come into effect on November 1, 2023. This act is designed to provide greater transparency regarding employee compensation and the gender … Continue reading
When the time comes to part ways with your employer due to no fault of your own, you will be entitled to severance, an amount of money to make you whole due to the loss of your employment. Severance is governed by employment contract, the common law and … Continue reading
When it comes to employment, compensation is a crucial aspect that directly impacts every employee’s livelihood and satisfaction with their job. In Canada workers are protected by laws that outline the rights and responsibilities of employees and employers. However, the question of whether an employer can reduce an employee’s pay … Continue reading
When businesses change ownership, employees are usually just happy to hear that they aren’t immediately losing their jobs. However, change of ownership can have far reaching consequences on an employee’s severance entitlements.
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