What is the difference between the Record of Employment and Letter of Employment?
Record of Employment – this is a standard government report on a specified form that the employer is required to submit to Service Canada online and cc hard copy to employee when they leave the employment. This will indicate duration of employment, earnings, reason for leaving etc. Employment Insurance requires this report to process the employee’s Employment Insurance claim. This is mandatory and is issued by payroll once the employee has left their employment.
Letter of Employment – This is a letter of employment verification issued on Humber letterhead by Comp & Ben, upon request by the employee. This will indicate the employee’s status of employment, start date, end date if applicable, title and current salary. This is normally requested for opening a bank account or other bank related transactions, mortgage application, and other legal transactions.