Every time you receive your paycheck, you may notice a term labelled ‘YTD’ various times on the pay stub. What exactly does this mean, you may have asked yourself? In short, YTD on a pay stub stands for “Year to Date”. More to the point, it means that the number correlated to where it says …
Pay
In Ontario in 2023, “severance pay” has three different meanings to people, but they all mean essentially this: Severance is the pay someone gets when they are terminated from work. First, traditionally, severance means (1) “statutory Ontario severance pay”. Second, severance pay in Ontario can mean what most people think of when they picture severance, …