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I understand that I am only entitled to severance pay after at least 5 years of employment, is that correct? As a full-time sales person in Ontario, am I entitled to severance pay if my employer has only 5 employees?
Severance pay is owed by employers who have a payroll of at least $2.5 million.
I would presume that having only 5 employees, your employer’s payroll is significantly less than that.
I would presume that having only 5 employees, your employer’s payroll is significantly less than that.