If you’re a TD employee that has lost their job – I understand how difficult this moment is for you but do not sign the release.
In Canada, non-unionized employees at TD Bank can get up to 24 months of severance pay when they are fired or laid off from their job. This includes individuals working full-time, part-time, or hourly in Ontario.
Severance is the compensation that non-unionized workers in Canada receive from their employer when they are fired without cause.
We have successfully secured MUCH larger amounts for individuals employed across a variety of positions, from entry level jobs to executives. We treat every employee like an executive at our law firm and believe that we must help you get every penny that you are owed!
At Agha Law, we calculate your entitlements and evaluate the fairness of your termination package.
Full Severance Pay (Common Law)
Importantly, the key case shaping severance calculations in Canada is Bardal v. Globe & Mail Ltd. from 1960.
The factors in Bardal that Ontario employment lawyers rely on to calculate severance include an employee’s:
- Age; Salary; Position; Years of Service; Experience, Training, Qualifications;
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Availability of similar employment, having regard to the experience, training and qualifications of the employee; and
- Any other special circumstances that affect your ability to find a comparable job.
They are numerous other factors that can be in play including but not limited to: overtime pay, benefits package, and bonuses. A company may use these factors to determine the severance package they offer you.
Further, if your employer terminates you without cause and fails to provide the correct amount of severance, it constitutes a wrongful dismissal.This is a highly likely scenario. If you’ve experienced this, reach out to Agha Law to determine your entitlements.
