George Works for a Large National Company as Its Vice-President

Essay

George works for a large national company as its vice-president of sales.He earns $120 000.00 a year and is given a company car and gas expense allowance,the total value of which on a yearly basis is $10 000.00.He also receives a yearly bonus of $50 000.00 where the company's sales exceed 1 million dollars a year.John,who is 55 years of age,has just been summarily dismissed by the company.Although John has tried to find alternative employment,he has been unable to do so partly because the company refused to give him a letter of reference and has been telling companies to whom John has applied that John is incompetent,when this is not true at all.Assuming that a reasonable notice period is 14 months,that John received $30 000.00 in Employment Insurance benefits,and that damages under the Wallace decision of $25 000.00 were awarded in another case similar to John's,explain how John's damages would be calculated.