Your correspondent just changed jobs after the administration at my previous job handed me an ignorant letter stating my hours were cut from 40 a week to 20 a week (the reason being that they haven't been bringing money in, so they're using my wages to pay for maintenance on the vehicle).
As if. A 50% reduction in hours is considered a valid reason to quit by HRSDC, meaning you can quit and collect Employment Insurance. And it's pretty much always worth it, for the following reasons:
- EI pays 55% of your lost earnings,
- then you can earn 25% of your benefits without any clawback,
- then you don't have to pay EI premiums (1.7%), CPP contributions (4.95%) or GNWT payroll tax (2%) on your benefits.
The result is that you're taking home approximately 76.2% of your pre-loss wages instead of 50%, and you don't have the aggravation of dealing with the office. And your correspondent's back-up job also doesn't pay CPP or GNWT payroll, so I'm even better off than that.
Just in case, though, I asked for 52 weeks recall rights. Technically this is a win-win situation: I can come back if the back-up job doesn't agree with me, and the employer gets back an excellent worker. But because the employer is ignorant and doesn't do anything in a labour-friendly way, they declined. Why do what makes sense from an operational point of view when you can shoot yourself in the foot with one fell swoop of misguided ego, right?
Well, that's no loss to me. And that's why it's worth learning your percentages, children. It didn't take me two seconds to know I was better off quitting. (The technical term for this is "money talks, bullshit walks".)
As if. A 50% reduction in hours is considered a valid reason to quit by HRSDC, meaning you can quit and collect Employment Insurance. And it's pretty much always worth it, for the following reasons:
- EI pays 55% of your lost earnings,
- then you can earn 25% of your benefits without any clawback,
- then you don't have to pay EI premiums (1.7%), CPP contributions (4.95%) or GNWT payroll tax (2%) on your benefits.
The result is that you're taking home approximately 76.2% of your pre-loss wages instead of 50%, and you don't have the aggravation of dealing with the office. And your correspondent's back-up job also doesn't pay CPP or GNWT payroll, so I'm even better off than that.
Just in case, though, I asked for 52 weeks recall rights. Technically this is a win-win situation: I can come back if the back-up job doesn't agree with me, and the employer gets back an excellent worker. But because the employer is ignorant and doesn't do anything in a labour-friendly way, they declined. Why do what makes sense from an operational point of view when you can shoot yourself in the foot with one fell swoop of misguided ego, right?
Well, that's no loss to me. And that's why it's worth learning your percentages, children. It didn't take me two seconds to know I was better off quitting. (The technical term for this is "money talks, bullshit walks".)
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