If an employer wishes to temporarily send an employee home without firing that employee, a layoff may be the way to go. It’s especially effective for unionized employees with collective agreements that allow for layoffs. It’s a useful way to…
Many companies provide stock options as part of their employment remuneration packages. While individual plans may vary in detail, certain traits are common. Stock options aren’t usually granted all at once; they’re issued in batches that vest and become exercisable over…
Employee Dismissal & Release Forms: What’s in it for You? If you’ve recently been dismissed, you may have found that an additional financial proposal or a “release” accompanied your dismissal letter. Release forms vary; some are short one-paged documents…
What many people don’t usually understand is that there is a distinct difference between employment contracts and commercial contracts. Commercial contracts between two parties are typically written agreements with very specific terms that “lay down the law” in black and…
Non-competition clauses or “restrictive covenants” are rising in popularity and many companies include them in their employment contracts. These clauses are the employer’s attempt to regulate or restrict an employee’s freedom to work or function in the workplace after their…
The law provides employees a significant amount of protection in cases where employers claim just cause for dismissal. For one thing, the employee doesn’t have to disprove these allegations. It’s the employer who must provide evidence of just cause. Also,…