Posted by Sir Four at 12:15pm Dec 30 '09
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According to Wikipedia, companies get reimbursed for the 65% subsidy from the federal government. So ultimately this money does not come out of the company's pockets. Also, it only applies to employees terminated before Jan 1, 2010. Although there is talk of extending it.
Since the federal government is reimbursing companies for the 65% subsidy, I don't see how it creates much of a financial strain at all.
Since the federal government is reimbursing companies for the 65% subsidy, I don't see how it creates much of a financial strain at all.