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  • vickyp
    Keymaster
    August 22, 2023 at 1:19 am
    Post count: 4922
    #80921
    Forum: Community

    Do you have any thoughts on severance pay for a CEO? Or for Executives? What is required by legislation compared to what is best practice or industry standard?

    vickyp
    Keymaster
    August 22, 2023 at 1:19 am
    Post count: 4922
    #80920

    The ESA doesn’t enter executive compensation. Explanation: The employment standards laws apply only to employees, not management including CEO/executive compensation.
    I can do some research on severance pay practices but I need to know more about your industry, the size of your company, where you’re located and other details about the arrangement. If you want to contact me directly, use glennd@bongarde.com. Thanks and I hope that helps. Glenn

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