Great Lions Inc. is a clothing manufacturer with offices and plants in Ontario, Québec and Alberta. The company started operations in 1960 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 as provided in your Student Information Guide.
Your response to this question should be based on the course material, your experiences, knowledge gained through the course and at least one external resource.