Beyond the Minimum: Why Your Severance Package is a Negotiation, Not a Gift

Losing your job is a life-altering event. Your employer might present you with a severance package and a deadline. They often make it seem like a generous offer.

However, many “standard” offers only cover the bare minimum. In Ontario, the Employment Standards Act provides the floor, not the ceiling. Your actual entitlements are often determined by “Common Law.”

Common law considers several factors. These include your age and your length of service. It also looks at the character of your employment. Your ability to find a similar job is also a key factor.

A severance package should include more than just base pay. It should cover your bonuses and your benefits. It should also account for your pension contributions and car allowances.

At Bunce Law Professional Corporation, we analyze every line of your termination letter. We identify where your employer is falling short. We use aggressive negotiation tactics to bridge the gap.

Do not sign a release under pressure. Most deadlines are arbitrary and designed to rush you. You deserve a package that reflects your hard work and your true value.

The Bunce Law Professional Corporation Strategy: We treat your severance review like a business transaction. We fight for every dollar you are owed. Contact us today to ensure your financial future is secure.