It is no secret that thousands of Canadian tech sector employees have been impacted by rounds of layoffs in recent months.
Generally, if a similar role offers a compensation package that falls below 15% less of what the employee used to earn, there may not be a legal obligation to accept it.
Employees should pay special attention to the following sections of an employee offer prior to accepting a role: Termination clauses — Employees should carefully review proposed termination clause language in an employment offer. Given how hard it can be to find comparable employment depending on your industry, entitlements on terminations are perhaps the most important consideration when accepting a job offer. If you are unclear about what a termination provision means, get advice before signing..
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