TERMINATION OF EMPLOYMENT SCENARIO Rondo ltd is a restaurant equipment supply company with offices and retail stores in
Posted: Sun Jun 05, 2022 5:23 pm
TERMINATION OF EMPLOYMENT
SCENARIO
Rondo ltd is a restaurant equipment supply company with
offices and retail stores in Ontario and Québec. The organization
started operations in 1993 and currently has an approximate
annual payroll of $12,000,000 in each jurisdiction.
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, Anita Gulliver, the Chief
Financial Officer, has asked you, as the Payroll Manager, to
provide her with the details on all legislated payments on
termination of employment required for each jurisdiction. In
addition to the required payments on termination, include any
employer costs related to the employees’ statutory deductions.
SCENARIO
Rondo ltd is a restaurant equipment supply company with
offices and retail stores in Ontario and Québec. The organization
started operations in 1993 and currently has an approximate
annual payroll of $12,000,000 in each jurisdiction.
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, Anita Gulliver, the Chief
Financial Officer, has asked you, as the Payroll Manager, to
provide her with the details on all legislated payments on
termination of employment required for each jurisdiction. In
addition to the required payments on termination, include any
employer costs related to the employees’ statutory deductions.