TorontoJobs.ca Employer Newsletter

December 2006

Welcome to the December 2006 edition of the TorontoJobs.ca Employer Newsletter.

HAPPY HOLIDAYS from TorontoJobs.ca

An Organization's Number One Asset
by Dinah Bailey, HR ByDESIGN

Funniest Christmas Work Party Encounters

Determining The Value Of Benefits In Severance Packages
by Earl Altman, Employment Law

Link to the Toronto Jobs Employment Newspaper

Advertise in our monthly Newsletter(s)

Update your profile

We want to hear from you

HAPPY HOLIDAYS from TorontoJobs.ca

TorontoJobs.ca would like to wish you Happy Holidays and a Successful New Year!

We would also like to thank you for making our website the best online job search resource within the Greater Toronto Area in 2006.

As we approach the end of 2006 we, at TorontoJobs.ca think it’s safe to say we had an exceptional year! This was due to:

-Consistently reaching over 4.3 million hits to our website and over 25,000 (and growing) job seekers in our resume database

-A successful launch of our TorontoJobs.ca recruitment division and The Toronto Jobs Employment Newspaper

-Attending over 30 high profile events within the Greater Toronto Area

AND MUCH MORE!

TorontoJobs.ca would like to thank you for your continued support and we are look forward to servicing you into a successful 2007!

An Organization's Number One Asset
An article by Dinah Bailey, HR ByDESIGN

The continued progress of an organization depends greatly on the effectiveness with which it develops its greatest asset – it’s employees.

One of the greatest challenges organizations face is retaining employees. The cost to replace one employee is 50% of that departing person’s salary.

Employees must feel valued and appreciated. They leave organizations for lack of career growth, low morale, management issues, poor training and little or no recognition of their accomplishments.

Retention strategies allow organizations to retain valuable employees and can be used as a means to transform an organization’s culture to a more desirable place to work.

Funniest Christmas Work Party Encounters

100 employers from www.TorontoJobs.ca were recently asked: “What is the funniest encounter that you have had at your Christmas Work Party”. The top 5 funniest responses included:

“When our dinner portion of the Christmas party was complete they proceeded to bring out a dessert buffet. The buffet was such a hit, one of our co-workers dipped his whole head into the chocolate fountain.”
“One of my co-workers was dancing out of control on the dance floor spilling her drink everywhere. She ended up falling on the drink that she had spilled and came into work the following week with a broken leg.”
“One of my co-workers had to give a speech at our annual Christmas party. He was so intoxicated that he got on the stage and started preaching about everything he didn’t like about each person in our office. Needless to say, the following week he had to pack up his desk.”
“The receptionist had planned our annual work Christmas party. She did everything by herself from planning the location to distributing the invitations. She wrote the wrong address on the invitations also leaving out the name of the event location and every person from our office showed up at a residential home. She no longer plans our events.”
“Two of our co-workers couldn’t control themselves at our annual work Christmas party and decided to engage in some hanky panky in the men’s washroom stall. It was the talk of our office for quite some time. Next year they should probably pick a better hiding spot.”

DETERMINING THE VALUE OF BENEFITS IN SEVERANCE PACKAGES.
AN ARTICLE BY EARL ALTMAN, EMPLOYMENT LAW

When an employee is terminated without cause, or sufficient notice, the amount that the employer must pay in lieu of notice is based on the total compensation to which the employee had been entitled. As employers have become more creative in their methods of compensation, particularly at the more senior levels, the determination of what must be included in a termination package becomes more complicated. Two recent decisions of the Ontario Superior Court have dealt with these issues. While it is clear that the value of benefits such as medical and dental insurance, and car lease payments must be included in the value of the termination package, there has been a significant amount of judicial debate over the extent to which bonuses, incentives, and stock options which would have arisen during the period of notice must be included in the termination package, and how these benefits are to be valued.

Link to the Toronto Jobs Newspaper

Click here to view the December issue of the Toronto Jobs newspaper. 15,000 copies of the Toronto Jobs newspaper are distributed to over 350 locations throughout the GTA each month. These locations include: Career Fairs, College and University Career Centres, Employment Centres, Job Finding Clubs, Job and Career Fairs and many more!! For advertising inquiries please email Sales@TorontoJobs.ca.

Advertise in our monthly Newsletter(s)

This client monthly newsletter reaches over 17,000 companies in the Greater Toronto Area. In addition, our monthly candidate newsletter reaches over 40,000 jobseekers. You can describe your company’s services or include a banner along the right hand side of this newsletter. There’s no better way to target people in the GTA.

If you’re interested in advertising with us, please email Sales@TorontoJobs.ca or call us at (905) 566-JOBS (5627)

Update your profile now

With traffic reaching record highs and recent improvements to our online interface, there has never been a better time to be an employer on TorontoJobs.ca!

Now is a great time to update your company profile, and gain some exposure for your company!

Click here to update your company profile.

If you are an Employment Agency, Staffing Firm, or Human Resources company, be sure to keep your listing in our Employment Agency Directory up-to-date.

If you are an employer with a number of available positions, you may want to consider becoming a Featured Employer to get even more exposure for your company and job listings on TorontoJobs.ca. For more information on Featured Job listings and Featured Employer status, please contact Sales@TorontoJobs.ca or call 905-566-JOBS (5627).

We want to hear from you…

Do you have any comments, questions or suggestions for improvement for TorontoJobs.ca? Would you be interested in contributing an article for a future TorontoJobs.ca newsletter (either for other companies or for job seekers)? We would be happy to hear from you. Please email us at Sales@TorontoJobs.ca.

Thank you for taking the time to read our Employers Newsletter. If you have any questions or comments about the content of this newsletter, or would like to learn more, please feel free to Contact Us