Should your severance or reasonable notice be reduced because you got another job?

This is a question that I often get asked in severance package review meetings. The answer is that your statutory severance (under the employment standards act) will never be reduced if you are terminated without cause but your common law reasonable notice maybe can be. Numerous contracts of termination include a so-called “balloon clause” which …

Should your severance or reasonable notice be reduced because you got another job? Read More »