MHR 523 Chapter 13: Chapter 13
18 Mar 2017
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Document Summary
The strategic role of employee benefits: employee benefits and services are all the indirect financial payments that an employee receives during his employment with an employer. Employment insurance (ei: employment insurance is a federal program intended to provide temporary financial assistance to eligible people who experience interruption to their work. Help employees maintain their standard of living during periods of unemployment. Pay on termination of employment: employment standards legislation requires employers to provide termination pay to the employees who have been terminated, reasonable advance notice periods. An employee must be provided with advance written notice when the employer decided to terminate. Pay in lieu of reasonable notice is when employers don"t provide a notice and instead provide the employee with a lump-sum equal to their pay for the notice period: severance pay. Employees in ontario and the federal jurisdiction may be eligible for severance pay.
