Assignment Problem: Termination of Employment (Memo)
A company with offices in Ontario, Québec and Alberta. The company started operations in 1975 and currently has an approximate annual payroll of $10,000,000 in each jurisdiction. The company is considering terminating the employment of five customer service representatives in each of their Ontario and Québec locations.
To assist with forecasting, the budget for the balance of the year, the Director of Finance has asked you to prepare a memo, detailing all legislated payments on termination of employment for each jurisdiction. In addition to the required payments, include any related employer costs. Prepare your response in proper memo format (400 - 500 words, with correct spelling, grammar and punctuation. You will be penalized if you are excessively over or under the suggested word count.
Your response to this question should be based on the course and at least one external resource. It is recommended that you prepare your response using MS Word or a similar word processing software. The information from the external resource(s) and any information taken from the course material must be stated in your own words and cited.