Navigating the HR Landscape in an Uncertain Economy - PART 2 How to Manage Workforce Reductions and Permanent Layoffs
Part two shifts the focus to the legal and strategic considerations when permanent layoffs become unavoidable. We begin with a review of employment contracts and the critical role of valid termination clauses in limiting liability. Next, we will discuss the difference between statutory minimum termination entitlements, both in Ontario and federally, and the interplay between those and the common law. The conversation will then shift to how to structure severance offers at the time of termination, and the strategic use of release agreements and when they may be helpful versus not. Finally, for those who may be in the unfortunate position of having to consider large layoffs, we will discuss special rules for mass terminations. This session is intended to equip employers with the knowledge to navigate terminations thoughtfully, legally, and with a view to limiting the employer’s risk as much as possible.
LEARNING OBJECTIVES
(1) the most up-to-date rules surrounding termination provisions and limiting severance pay;
(2) how to prepare termination offers and the factors involved; and
(3) how to manage special statutory termination rules in their terminations.
Agenda:
12:00pm Welcome and Introductions
12:03pm Speaker presentation
1:30pm Event Concludes
Registration Difficulties or Questions: Please reach out to Tracey Gallacher, Specialist, Member Engagement