Equity compensation is one of the fastest growing categories of employee pay. More and more Canadian workers are seeing some form of employer-issued equity (via stock options, restricted share units, employee purchase plans, etc.) offered as part of incentive compensation packages. However, little attention tends to be given to the fine print that accompanies equity pay.
In his latest contribution to First Reference Talks (a collaborative HR and employment law advisory blog), Andrew Vey discuss adverse terms in equity compensation plans (such as post-dismissal vesting limitations) and how employers must ensure these are properly communicated if they are to have any legal effect. Click here to read the full article.
Vey Willetts LLP is an Ottawa-based employment and labour law firm that provides timely and cost-effective legal advice to help employees and employers resolve workplace issues in Ottawa and across Ontario. To speak with an employment lawyer, contact us at: 613-238-4430 or info@vwlawyers.ca.