subject: Dire Consequences Of Retrenchment [print this page] The financial crisis which apparently started way back in the year 2008 in the United States affected nearly all the countries worldwide. Canada was not an exception where several businesses suddenly found themselves faced with the dilemma of cutting down almost half of their work force. As a result, many factory workers and office employees suddenly found themselves without a job and are facing a bleak future as a result of their retrenchment.
Several businesses in cities like Ontario, Ottawa and Vancouver suffered the same scenario and as a result, the unemployment rate slowly inched up. Naturally, this started a domino effect where people started buying less, forcing grocery stores and supermarkets to cut down on their staff too. If you are an employee and is in danger of being terminated, or has already been fired, from your current position, you should be aware that you have certain rights that you must assert before you sign that paper releasing the company from any obligations.
The law is very specific with regards to the employees' rights and companies cannot let them just go without making sure those rights are being observed. While it may be true that there is a looming financial crisis that is about to hit the company, it cannot be immediately used as the main cause for terminating your employment from them. Furthermore, assuming that the company in Ottawa is already in financial distress, it is not a sufficient reason for them not to honor any obligations due you.
The only problem sometimes is that some retrenched employees accept any financial offer from companies after their manager fed them a sob story. What they are not aware of is that in reality, their company owes them more than what is being offered to them. This is why it is always a good idea to hire the services of an Ottawa employment lawyer to apprise you of your rights as an employee.
An Ottawa employment lawyer can take the cudgels for you and secure what is rightfully due you. These lawyers are experts in their chosen field and they are very much aware of minute details of the law pertaining employer and employee relationship.
So if you work in a company based in Ottawa and rumors are rife that a massive retrenchment is in the offing, you must immediately seek advice from an Ottawa employment lawyer so that your rights are duly protected.
