Recession Alarm. How Secure Is Your Job?
Economists and journalists are souding the alarm of a pending recession. How secure is your job and do you understand your rights in the event of a job loss?
Economists and journalists are souding the alarm of a pending recession. How secure is your job and do you understand your rights in the event of a job loss?
Recognizing the Signs of an Unlawful Layoff | Layoffs must meet very specific conditions outlined in the Employment Standards Act. Some employers cycle their employees through random sham layoffs, making work schedules and income so unpredictable that employees end up quitting in frustration. This is a common cost saving tactic during economic downturns to avoid termination pay.
If you work for a company in dire financial straits, then insolvency layoffs are a reality, as is a bankruptcy. You will want to read this article carefully so you understand your rights.
A termination is legally different from a layoff. Yet these terms are often used interchangeably. The legal implications, as well as your entitlements are different depending on the strategy your employer has taken. How do you confirm your layoff is not a sham being used to swindle you out of these entitlements? Find out.