The end of the year means that we have reached the time when we like to look at the year in review. There is no shortage of topics under the banner of employment law, payroll, and internal controls to write about. However, on the First Reference Talks blog, we’ve been covering some of the hot topics under these banners throughout the year.
Ontario employees who lose their job are required to take reasonable steps to replace their lost income. Severance is intended to bridge the gap while an individual is out of work, and there is a legal requirement that, where possible, a person take all reasonable steps to stem the flow of their losses.
As you look ahead to 2023 and think about employee retention, management and the needs of your workforce, it’s also a good time to review your employment agreements and ensure everything is in order.