When Are Employees Entitled to Bonus Payments After Being Dismissed?
The Ontario Court of Appeal (“ONCA”) recently provided further guidance on the enforceability of termination clauses and wrongfully dismissed employees’ entitlement to damages for the lost opportunity to earn a bonus during the reasonable notice period in Andros v Colliers Macaulay Nicolls Inc. [Andros]. Our blog this week discusses the bonus-entitlement aspects of the Andros […]
Carefully Drafted Language to Limit Incentive Compensation on Termination
Without an enforceable employment agreement, upon a without-cause dismissal an employee is entitled to be provided with pay in lieu of reasonable notice