Business Law

By a Toronto Employment Lawyer (With Example) Many employees in Ontario are told that severance pay is “one week per year of service.” As an employment lawyer in Toronto, we regularly see this phrase misunderstood or misused by employers. Under the Employment Standards Act, 2000 (ESA), “one week per year” usually refers to statutory severance pay, which is different from statutory termination pay (notice or pay in lieu of notice). In many cases, employees may be entitled to more than ESA minimums under common law. This guide…