Employee benefits and services - Answer all the indirect financial payments that an employee
receives during his or her employment with an employer
Employee benefits are in the midst of an evolution based - Answer the aging population, the
looming labour shortage in Canada, and advances in healthcare
Mandatory benefits - Answer employment insurance (EI), pension plans (CPP/QPP), workers'
compensation, time off, and pay on termination of employment.
Employment insurance (EI) - Answer a federal program intended to provide temporary
financial assistance to eligible persons who experience interruption to their work through no
fault of their own
qualifying period - Answer To receive benefits, an employee must first have worked a
minimum number of hours during a minimum number of weeks
A supplemental unemployment benefit (SUB) plan - Answer an agreement between an
employer and the employees (often the result of collective bargaining) for a plan that enables
employees who are eligible for EI benefits to receive additional benefits from a SUB fund
created by the employer.
Workers' compensation - Answer aimed at providing sure, prompt income and medical
benefits to victims of work-related accidents or illnesses or their dependants, regardless of fault
Legislated Holidays - Answer o paid holidays similarly varies considerably from one jurisdiction
to another, from a minimum of five to a maximum of nine.
flexible vacation leave approach - Answer give a predetermined number of days of vacation a
year, but do not track how much vacation each takes
advance notice (reasonable notice) - Answer An employee must be provided with advance
written notice if the employer is going to terminate his or her employment
pay in lieu of reasonable notice. - Answer provide the employee with a lump sum equal to his
or her pay for the notice period
Severance pay - Answer additional payout on top of the minimum notice period