Alamos Gold Severance Packages
Alamos Gold Inc. (Alamos Gold) is a Canadian-based intermediate gold producer. The company was formed in 2003 through the merger of Alamos Minerals and National Gold.
Headquartered in Toronto, Ontario, Alamos Gold employs a total workforce of more than 1,900 people, according to its website.
Roles at the gold miner include production support miners, database administrators, logistics coordinators, marketing professionals, and customer support representatives.
Alamos Gold operates three mines in North America: the Young-Davidson and Island Gold mines in northern Ontario, and the Mulatos mine in Sonora State, Mexico. On March 24, 2024, Alamos acquired Argonaut Gold.
Severance for Alamos Gold employees
In Canada, non-unionized employees at Alamos Gold can get up to 24 months of severance pay when they are fired or laid off from their job. This includes individuals working full-time, part-time, or hourly in Ontario, Alberta, and B.C.
Severance is the compensation non-unionized workers in Canada receive from their employer when they are fired without cause.
Even if you are fired for cause, it’s very likely that you are still entitled to full severance pay because employees often don’t meet the conditions necessary for this type of dismissal.
LEARN MORE
• Severance for provincially regulated employees
• Severance packages in mass layoffs
• Barrick Gold Layoffs and Severance Pay
Regardless of a company’s grasp on employment law, they are legally required to provide proper compensation following a termination.
This concept applies during challenging economic conditions, downsizing, the closure of a business, or major 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 numerous 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.
How to properly calculate severance pay
Employers often incorrectly calculate severance pay. There is a belief that severance is one week’s pay, two weeks’ pay, or a week for every year of service an employee has with the company.
The reality is that severance for non-unionized employees in Canada can be as much as 24 months’ pay.
The amount of compensation you are owed 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 Severance Pay Calculator.
SEE ALSO
• Should I negotiate my own severance package in Ontario?
• Negotiating severance in Alberta: Employee rights
• Severance negotiations in B.C.: What employees need to know
• Layoffs in Canada
Don’t sign on the dotted line!
Do not accept any severance offer, termination papers, or exit agreement that Alamos Gold may provide you with.
Once you sign back these documents, you eliminate your ability to negotiate a fair and proper severance package.
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 non-unionized 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.