Termination of employment required

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Glorious Florists is a floral supply company with offices and boutiques in Ontario. The organization started operations in 1978 and currently has an approximate annual payroll of $12,000,000.

The organization is considering terminating the employment of fifty employees. 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 the legislated payments on termination of employment required for this jurisdiction. In addition to the required payments on termination, include any employer costs related to the employees' statutory deductions.

Reference no: EM132960967

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