Age and severance packages

| Wednesday, January 14th, 2015 | No Comments »

Age has been noted as an important factor in determining severance.  When potential job candidates seek employment, chances are the younger candidate will have better chances of obtaining employment versus the older candidate. Readers of the Globe and Mail column asked, should an employee’s age be taken into consideration when an employer offers them a severance package? And how does this severance affect their Employment Insurance (EI) entitlement?

Daniel Lublin, Toronto Employment lawyer has answered these questions.  He explains that older employee’s should receive better severance packages. Realistically, this is not always the case. However, the Courts have been known to agree to this principal.  When it comes to EI entitlements, these benefits are paid to employee’s who are terminated without cause and are able to seek employment, but have been unable to find another job. Mr. Lublin explains that the benefit paid takes into account the severance payment offered.

Read Daniel Lublin’s Globe and Mail column and full article Should older workers get better severance packages?

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