The Risks of Leveraging an Offer to Increase Compensation
Significant compensation increases and promotions are documented in amending or revised employment agreements. These agreements may also contain temporary layoff provisions and termination provisions eliminating any entitlement to common-law notice.
It’s a recession… there are no jobs?
Many employers, having resisted letting employees go, are surprised to learn that the notice periods required by the common-law in Ontario are substantial. This leads to offers on termination that are well below what a Court might award.