If you have been terminated without cause, it is likely that your employer has provided you with some sort of severance package comprised of several components. This is because your employer has some minimum requirements, by law, that it must follow when terminating your employment.
First, your employer must give you notice that your job will be ending or they can pay you instead of providing you notice (pay in lieu).
Second, you might also be eligible for severance pay. This is an extra payment on top of the notice that is provided to you if you have worked for the company for over 5 years and the company has a payroll of over $2.5 million.
Lastly, your employer might offer you a gratuitous payment if you agree to the terms of the termination letter and sign the paperwork.
A termination without cause is when your employer has decided to let you go at no fault of your own, for example, company restructuring or downsizing.
Before you sign anything, make sure you contact Ertl Lawyers, employment lawyers in Hamilton, to have your termination package reviewed. You might be entitled to more compensation.
Check out our Severance Pay Calculator to see what your severance package entitlements could be.