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Employment & Business Issues, Employment Standards

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Sale of a business and the ESA

Under the ESA, if you sell your business or a part of your business and the purchaser subsequently employs any employee of yours, the employment of that employee shall be deemed not to have been terminated or severed for the purposes of the Employment Standards Act. The employee’s employment with the buyer shall be deemed to have been employment with the seller – meaning that any subsequent calculation of the employee’s length or period of employment under the ESA is not interrupted.  – Remember this is Ontario Standards only.

There are some exceptions to this. Consult me if you need more information.

On December 26, 2009   /   Employment & Business Issues, Employment Standards   /   Comments Off

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