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  • Conner Lantz
    Keymaster
    Post count: 4836

    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?

    Conner Lantz
    Keymaster
    Post count: 4836

    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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