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Employment Standards Act. The Employment Standards Act, 2000 [1] (the Act) is an Act of the Legislative Assembly of Ontario. The Act regulates employment in the province of Ontario, including wages, maximum work hours, overtime, vacation, and leaves of absence. It differs from the Ontario Labour Relations Act, which regulates unionized labour ...
The tax is paid by employers based on the total remuneration (salary and benefits) paid to all employees, at a standard rate of 14% (though, under certain circumstances, can be as low as 4.75%). Employers are allowed to deduct a small percentage of an employee's pay (around 4%). [7] Another tax, social insurance, is withheld by the employer.
Compa-ratio is calculated as the employee's current salary divided by the current market rate as defined by the company's competitive pay policy. Compa-ratios are position specific. Each position has a salary range that includes a minimum, a midpoint, and a maximum. These three values represent industry averages for the position.
The Workplace Safety and Insurance Board (WSIB) is the workplace compensation board for provincially regulated workplaces in Ontario. As an agency of the Ontario government, the WSIB operates "at arm's length" from the Ministry of Labour, Training and Skills Development and is solely funded by employer premiums, administration fees, and ...
In Ontario, the amount of severance pay under the employment law is given in Ontario by Employment Standards Act (ESA), which is also explained in 'Your Guide to the Employment Standards Act's Severance Pay Section'. The amount of severance pay under the employment law in Ontario may be calculated using the tool from Ontario Government.
Unemployment in Ontario is the measure indicating the number of Ontarians "without work, are available for work, and are actively seeking work". [1] The rate of unemployment is measured by Statistics Canada using a Labour Force Survey. In September 2018 approximately 452,900 people were deemed unemployed in Ontario.
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