How Can Vulnerability Impact Severance Pay?
by Calgary Alberta Severance Lawyers | Sep 10, 2022 | Alberta Human Rights Commission, Calgary Employment Lawyers, Calgary Severance Lawyers, Does an employer have to pay severance in Alberta?, Employment Standards Rules, How much is severance?, How much severance pay are you owed in Alberta?, How severance is calculated?, Severance Lawyers Calgary, Severance Package Lawyers in Calgary, Severance Pay Alberta, Severance Pay in Alberta, Termination and termination pay, Termination Pay and Severance Pay Alberta, Termination Severance Alberta, What is Fair Severance Pay in Alberta?, What is the difference between termination pay and severance pay in Alberta?, What is typical severance pay in Alberta? |
Severance pay, often referred to as a “severance package”, is an amount some employees may receive in addition to termination pay. It can include things like:
- pension and RRSP contributions,
- health benefits,
- vacation pay, and
- other stipends and fringe benefits.
The amount of severance an employee receives is determined by the employment contract and common law. An employee who is considered vulnerable could be entitled to more severance pay. Vulnerable employees include those who have a disability, are pregnant, or are of an older age. Let’s look closer at how this type of vulnerability can impact severance pay.