Sentences with phrase «bonus upon termination»

When determining as to whether the employee has a right to the bonus upon termination, the wording of the bonus policy or bonus provision in employment contracts must be analyzed carefully.

The Court emphasized that, despite being discretionary, the decision to deny or grant a bonus upon termination of employment should be done in a fair and reasonable manner.

Not exact matches

The Court held that, despite being discretionary, the decision to deny or grant a bonus upon employment termination should be made in a fair and reasonable manner.

The issue regarding what type of language is required to limit an employee's entitlement upon termination is significant in Canada because many employers compensate their employees by providing the employees with stock options and bonuses that often form a significant part of the employee's total compensation.

Damages payable upon termination of employment may include benefits during the reasonable notice period, including any bonuses and other incentives that would otherwise have fallen due during that period.