Termination pay is forward looking. It is provided to assist the employee during a period in which
new employment is sought. An employer does not have to provide the employee with a reason
as to why the employment is being terminated. Termination pay must also include vacation pay
on the termination pay period. Employees are also entitled to benefits during the termination
notice period. These payments must be paid within 7 days or on the employee’s next regular
pay date whichever is later.
In most cases, if an employer wants to terminate someone's employment, the employer must
provide that employee with written, working notice of the termination or termination pay instead
of the notice.