3M Severance Packages
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3M Canada is a subsidiary of 3M, the multinational conglomerate corporation headquartered in Saint Paul, Minnesota. The company was originally founded in 1902 as Minnesota Mining and Manufacturing Co. before expanding to Canada in 1951. It is a technology company that produces a wide range of products for various industries, including adhesives, abrasives, electrical products, healthcare products, and consumer goods.
As of 2021, 3M employs around 90,000 people worldwide, and has operations in more than 65 countries. In Canada, 3M has approximately 2,000 employees and operates in over 20 locations across the country, including offices, manufacturing facilities, and research and development centres. Its Canadian headquarters is situated in London, Ontario.
In Canada, 3M provides a range of products and services, including adhesives and tapes, abrasives, personal protective equipment, electrical products, healthcare products, and consumer goods. The company also offers a variety of solutions for industries such as automotive, construction, healthcare, and mining.
Some of the company’s notable inventions include Scotch Tape, Post-it Notes, and reflective sheeting for traffic signs.
3M Layoffs
- April 2023: 3M is laying off more than 6,000 workers globally as demand for manufactured goods continues to cool.
- January 2023: The tech company cut 2,500 manufacturing jobs after a rough year.
- December 2020: Restructuring continues to trim jobs at 3M, with 2,900 more layoffs announced before the end of the year.
- January 2020: 3M terminates 1,500 jobs in response to the trade war between the U.S. and China.
- April 2019: The manufacturing giant will slash 2,000 jobs after a disappointing quarter.
Severance for 3M employees
In Canada, employees at 3M can get up to 24 months of severance pay when they are fired or laid off from their job.
This applies to individuals working in any capacity—full-time, part-time, or hourly—in Ontario, Alberta, and British Columbia.
Severance is the compensation provided to non-unionized workers in Canada by their employer when they are terminated without cause.
Even if an employee is fired for cause, they may still be eligible for full severance pay. This is due to the high standards required to legally justify for-cause dismissal.
LEARN MORE
• Severance for provincially regulated employees
• Federally regulated employees and severance pay
• Severance packages in mass layoffs
The right to severance pay is consistent regardless of economic conditions, company downsizing, business closures, or significant public health events, such as the COVID-19 pandemic.
WATCH: Employment lawyer Lior Samfiru explains everything you need to know about severance pay on an episode of the Employment Law Show.
The employment lawyers at Samfiru Tumarkin LLP have represented tens of thousands of employees over the years in severance package negotiations.
We have successfully secured much larger amounts for individuals employed across a variety of positions, from entry level jobs to executives.
LEARN MORE
• IBM Canada Layoffs and Severance Pay
• Manufacturing sector severance packages
• Severance pay for tech industry employees
How to properly calculate severance pay
There is a general belief that severance is one week’s pay, two weeks’ pay, or a week for every year of service an employee has with a company.
The reality is that severance for non-unionized employees in Canada is calculated using a variety of factors, including age, length of service, position, bonuses, benefits, and your ability to find new work.
To figure out how much compensation you may be entitled to, use our firm’s Pocket Employment Lawyer.
ADDITIONAL RESOURCES
• Severance Pay in Ontario
• Alberta severance packages
• Understanding severance in B.C.
• Layoffs in Canada
Don’t sign on the dotted line!
Do not accept any severance offer, termination papers, or exit agreement that you receive. Once you sign back these documents, you eliminate your ability to negotiate additional severance pay.
Generally speaking, if an employee does not receive the proper amount of severance pay when they lose their job, they may be considered to have been wrongfully dismissed. An employment lawyer at Samfiru Tumarkin LLP can analyze your situation and explain how much compensation you may be owed.
Talk to an employment lawyer
The experienced employment law team at Samfiru Tumarkin LLP has helped tens of thousands of non-unionized individuals across the country. In addition to severance package negotiations, our team has experience securing solutions for the following employment matters:
Our lawyers in Ontario, Alberta, and B.C. stand ready to help you solve your workplace issues.
If you are a non-unionized employee who needs help with an employment issue, contact us or call 1-855-821-5900 to get the advice you need, and the compensation you deserve.
Disclaimer: The materials above are provided as general information about the rights of employees in Canada. It is not specific to any one company and should not be read as suggesting any improper conduct on the part of any specific employer.