--000000000000cf38f405f390c53b Content-Type: multipart/alternative; boundary="000000000000cf38f205f390c53a" --000000000000cf38f205f390c53a Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Irin and Shameema, I will schedule some time today so we can further discuss. Tim Sr., pease bear with us until we sort this out. We will follow up with the next steps as quickly as possible. Regards, On Tue, Jan 31, 2023 at 7:06 AM Irin Eva wrote: > Hi Shameema, > > Lump-sum payment means paid in one short total amts. It doesn't matter > its said lump-sum payment or totals . It's the same like total amts > and lump-sum payment. > > Thanks, > Irin > > On Tue, Jan 31, 2023 at 10:01 AM Shameema Cadersaibe shameema.cadersaibe@thekey.com> wrote: > >> Hi Irin, >> >> It is not a lump-sum payment which is why it is mentioned in his >> agreement that it will differ over 6 months. I have copied Timothy Thoma= s >> on this email for information. >> >> *@ Germaine* - Can we please set some time to discuss how we can fix >> this as we did not respect the agreement. We need payroll review process= in >> place before submission >> >> Kind regards, >> Shameema Cadersaibe >> >> >> >> On Tue, Jan 31, 2023 at 6:45 AM Irin Eva wrote: >> >>> Good afternoon Shameema, >>> >>> As per his agreement his totals 6 months severance pay - $40,869.46 >>> (Gross) >>> >>> Employees must pay income tax on severance pay. >>> >>> How much tax will be deducted depends in part on how the employer pays >>> on severance pay. For example, it may pay less tax if an employee gets = a *salary >>> continuance* instead of as a* lump-sum payment (totals together).* >>> >>> The amount of tax depends on the province or territory employee's live >>> in and the total amount of severance pay. Employers won=E2=80=99t deduc= t Canada >>> Pension Plan (CPP) contributions, Quebec Pension Plan (QPP) contributio= ns >>> and EI premiums. >>> >>> Also, I have attached his pay statements and agreements. >>> >>> [image: image.png] >>> >>> Pls let me know if you have any questions. >>> >>> Thanks, >>> Irin >>> >>> On Tue, Jan 31, 2023 at 9:16 AM Shameema Cadersaibe >> shameema.cadersaibe@thekey.com> wrote: >>> >>>> Good morning Irin, >>>> >>>> I received an email from Tim mentioning that he got 35k in his bank >>>> account. >>>> His severance agreement stated to be paid over 6 months. Could you >>>> please clarify what happened? >>>> >>>> Kind regards, >>>> *Shameema Cadersaibe* >>>> Human Resources Manager - Canada >>>> Email: shameema.cadersaibe@thekey.com >>>> TheKey.com >>>> [image: TheKey] >>>> >>>> >>> >>> -- >>> >>> Irin Nahar Eva, PCP >>> >>> Payroll Specialist >>> >>> *647-932-6409 *ext. 23900051 >>> >>> irin.eva@thekey.com >>> >>> [image: See the source image] >>> >> > > -- > > Irin Nahar Eva, PCP > > Payroll Specialist > > *647-932-6409 *ext. 23900051 > > irin.eva@thekey.com > > [image: See the source image] > --=20 Germaine DanielsPayroll Director germaine.daniels@thekey.