Formerly known as KAR Global, the company rebranded as OPENLANE in 2023. It provides digital marketplaces and services for buying and selling used vehicles, primarily for dealerships, fleet operators, and rental companies. In Canada, OPENLANE operates through OPENLANE Canada (formerly ADESA Canada), with locations and services offered nationwide.

The company employs at least 1,000 professionals in roles such as auction specialists, vehicle inspectors, software developers, sales representatives, and logistics coordinators. OPENLANE bought Manheim Canada in 2023 for $130 million.

Severance pay for OPENLANE employees

In Canada, non-unionized employees at OPENLANE entitled to up to 24 months of severance pay when laid off or terminated without cause—whether full-time, part-time, or hourly.

Want a quick overview on severance pay? Watch the video below or check out the full episode in our TV section.

Key Facts

• Severance pay is calculated using a variety of factors, such as age, position, length of service, and ability to find similar work. Learn more about severance pay in Ontario, Alberta, and British Columbia.
• Severance packages should include salary, bonuses, commissions, and other compensation earned during employment.
• Employees generally have up to two years from the date of their termination to pursue full severance pay.

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