Vacation Pay Calculation Upon Immediate Termination – Ontario

[vickyp]

#80927

When a salaried employee is terminated without notice, after having 25 years of service with an employer, what is the amount/% of vacation pay that is to be applied to the 8 week notice period?

[vickyp]

#80926

Received the following response from our payroll expert and I hope it answers your Q. If not, you can loop back with me directly–glennd@bongarde.com :
To calculate the vacation pay owing, use whatever the percentage last applied to the employment that is being terminated. If the contract of employment calls for 6, 8 or 10%, you can’t revert to the statutory minimum of 4 or 6%.

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