Enhanced Executive Compensation Disclosure
With the annual financial and meeting season for reporting issuers upon us, you should be aware that changes have been made to Form 51-102F6 Executive Compensation Disclosure.
Excess Hours – are you in compliance?
If you have employees in Ontario who work more than 48 hours per week, the Employment Standards Act (“ESA”) requires you to obtain an Excess Hours authorization from the Ontario Ministry of Labour, unless certain exemptions apply.
Skype and Employee Stock Option Plans
Technology blogs are busy right now discussing the affront to employees that was the Skype Employee Stock Option Plan. Skype is currently in the process of being sold to Microsoft. It appears that, in anticipation of the sale, Skype laid off a number of employees, claiming that they were ridding themselves of underperformers. That process isn’t unusual, but
Why Documenting Employee Performance Matters
Writing poor performance reviews is difficult, isn’t it? Documenting poor employee performance throughout the year and not just annually at review time is even more difficult. Few human resource professionals want to de-motivate an employee by compiling and sharing with the employee a growing laundry list of areas where the employee is failing to perform.
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Could be better opportunities to partner with Chinese company on a project in secondary mrkt then enter Chinese market directly #iodollars
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Paid Time Off (PTO) Policies
Paid Time Off policies (PTO Policies) take the various employee entitlements to leave from work with pay and put them under one umbrella policy which provides employee time off entitlement which does not discriminate as to the reason for the time off. It wraps vacation entitlements, “sick days”, bereavement leave, parental time and any other entitlements into one policy.
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Employment Contracts 101: Termination Clauses
Employment Contracts 101: Termination Provisions:
One of the most important features of the employment relationship, which is often left out of an offer letter, are the terms and conditions upon which the employment relationship can be terminated. The ESA establishes certain base requirements of notice of termination where an employee is being terminated without cause. If there are no further terms in the written employment contract which establish the required notice of termination, a common law determination of notice will be required. This post examines what can and should be addressed in a comprehensive termination clause.
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Employment Contracts 101: Compensation, Benefits and Policies
This post is part of a series on employment contracts which delves into that a comprehensive employment contract should address. This part of the series discusses compensation terms, how benefits should be addressed and the incorporation of employment policies.
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Why Do I need an Employment Contract? HR Law 101
Whether it is written down or not, if you have employees, you have employment contracts. Whether you have a written or an unwritten employment contract, the Employment Standards Act (2000) (Ontario) (the “ESA”) steps in to provide minimum employment standards, which govern the employment relationship. All other aspects of the employment relationship can be defined by written contract, and if there is no written contract in place the relationship will be governed by terms that become implied over time and by the common law.
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Welcome
Welcome to Cornell On Law – my online space to discuss all things business related, with a pretty heavy emphasis on legal issues. I am a business lawyer in Ottawa: check out my About page for more information about my legal practice.
I will be blogging on issues relevant to businesses, mostly legal issues. I spend a fair amount of time advising our business clients on human resources issues and I will be blogging about those issues a lot because, frankly, they are some of the most interesting issues to write about and read about.
I will also blog about non-legal business issues and post profiles of local entrepreneurs. I am the 2010-11 President of the Kanata Chamber of Commerce (Kanata is a suburb of Ottawa for those non-Ottawans reading) and I love nothing more than chatting with some of our local entrepreneurs and telling you about them.
Please engage – leave me questions and comments!