It’s the law in almost every Canadian province for collective layoffs. 50-100 people is like 8 weeks, then 100-200 is 12 weeks and 200 plus is 16 weeks, or something. It’s on all the provinces labor law websites. My teammates in BC and Alberta got the same type of protections from what we discussed.
They had to pay out my stocks that would have vested if I kept my notice. Then because it was a mass layoff of more than a few hundred people they had to give me 16 weeks notice, plus my schedule and accrued vacation up until then and up until the notice period ends (in 16 weeks). Meaning the have to keep me on payroll with full benefits.
To sever that and entice me to hop off payroll and benefits, they gave me an addition 3 months pay. That gives me roughly my yearly salary.
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
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.
Well if youre tired of it, learn how to read lol. In once sentence I say this is likely federally mandates for provinces to have laws like that because all my buddies have similar stuff in other provinces, and in another sentence I give you a link to my laws in quebec.
Then you somehow say I think CNESST is Canada. You’re just inventing stuff to frustrate yourself.
In quebec, that same CNESST law gives me the vacation because it’s a collective layoff. I would not otherwise be entitled to it, as you can see by what is offered if it was just a personal layoff.
It sounds like the company has cash and they’re trying to keep up morale. Over a year of severance for employees with less than a year of employment isn’t required by Canadian law that I know of^(not that I’m super knowledgeable about labour law).
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It’s the law in almost every Canadian province for collective layoffs. 50-100 people is like 8 weeks, then 100-200 is 12 weeks and 200 plus is 16 weeks, or something. It’s on all the provinces labor law websites. My teammates in BC and Alberta got the same type of protections from what we discussed.
They had to pay out my stocks that would have vested if I kept my notice. Then because it was a mass layoff of more than a few hundred people they had to give me 16 weeks notice, plus my schedule and accrued vacation up until then and up until the notice period ends (in 16 weeks). Meaning the have to keep me on payroll with full benefits.
To sever that and entice me to hop off payroll and benefits, they gave me an addition 3 months pay. That gives me roughly my yearly salary.
Here is the law in Quebec
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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
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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.
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Well if youre tired of it, learn how to read lol. In once sentence I say this is likely federally mandates for provinces to have laws like that because all my buddies have similar stuff in other provinces, and in another sentence I give you a link to my laws in quebec.
Then you somehow say I think CNESST is Canada. You’re just inventing stuff to frustrate yourself.
In quebec, that same CNESST law gives me the vacation because it’s a collective layoff. I would not otherwise be entitled to it, as you can see by what is offered if it was just a personal layoff.
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It sounds like the company has cash and they’re trying to keep up morale. Over a year of severance for employees with less than a year of employment isn’t required by Canadian law that I know of^(not that I’m super knowledgeable about labour law).
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