unc 18 x CPA PF1 2018 com/pf12018/*/pf12018/quiz/assignment-2 coSecure https//ep
ID: 2434610 • Letter: U
Question
unc 18 x CPA PF1 2018 com/pf12018/*/pf12018/quiz/assignment-2 coSecure https//epacertificati Payroll Fundamentals 1 2018 Announcements Unit Study Plan Coursework Learning Activities TERMINATION OF EMPLOYMENT YOUR RESPONSE SCENARIO in | Glorious Florists is a floral supply company with offices and boutiques in Ontario and Québec. The organization started operations in 1978 and currently has an approximate annual payroll of $12,000,000 in each jurisdiction. ? B The organization is considering terminating the employment of five employees in each jurisdiction. To assist with forecasting the budget for the balance of the year Nancy Wilson, the Director of Finance has asked you, as the Payroll Supervisor, to provide her with the details on all legislated payments on termination of employment uired for each jurisdiction. In addition to the required payments on termination, include any employer costs related to the employees' statutory deductions.
Explanation / Answer
In Ontrario, if proper notice of termination is given than no requirement to pay and legislated payments for the termination.
Similarly in Quebec also the same rules apply but the period of notice differs as follows if the employee is employed for
In case termination notice is not given than payment equal to their pay is to be given for the notice period which was required.
Amount of notice required if an employee has been continuously employed for at least three months Period of employment Notice required Less than 1 year 1 week 1 year but less than 3 years 2 weeks 3 years but less than 4 years 3 weeks 4 years but less than 5 years 4 weeks 5 years but less than 6 years 5 weeks 6 years but less than 7 years 6 weeks 7 years but less than 8 years 7 weeks 8 years or more 8 weeksRelated Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.