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Severance Pay

Severance pay is a monetary benefit provided by the employer if the employment relationship is terminated for reasons specified by law (in particular, termination due to reorganisation of the employer or health reasons on the part of the employee). It shall be paid on the next pay date following the termination of the employment relationship, unless the employee and the employer agree on a different date.

Essentials of an employment contract: What should it contain?

22. November 2024

7 minutes of reading

Labour law

The employment contract is the basic document that defines the relationship between the employee and the employer. It contains the terms and conditions under which the employment relationship is concluded and is thus the basic pillar of the rights and obligations of both parties. A well-drafted employment contract will prevent many misunderstandings and ensure legal protection. In this article, we look at what an employment contract should contain, what elements are necessary and how to avoid common mistakes when drafting it.

Claim against the employer: What to do if your employer is insolvent and has not paid you

14. November 2024

5 minutes of reading

Labour law

If an employer goes into insolvency, it has a significant impact on all employees whose lives are greatly affected by the fact that they may not have been paid. It is precisely to maximise the protection of employees' rights that a claim against the employer (pay, severance pay, etc.) has a high priority for satisfaction. What can an employee facing the insolvency of their employer do to get paid for their work?

Amount of unemployment benefit by type of notice

12. November 2024

6 minutes of reading

Labour law

Are you hesitant to leave your job but have no idea what unemployment benefits you might be entitled to? Then you should know that not every method of termination provides the same amount of unemployment benefit. So in this article, we'll look at how the different forms of termination affect the amount of benefits and what every employee should know before taking this step.

Work injury compensation: What is the correct procedure and what are you entitled to?

19. October 2024

7 minutes of reading

Labour law

Accidents at work are not an uncommon situation. Situations often occur on the job that take employees out of work. They are a common cause of absenteeism in the workplace, whether the injury occurs on a construction site, in a manufacturing facility, or even in the office. Employees who are injured on the job are entitled to work injury compensation. What steps must an employee take after an injury to be eligible for compensation, and what all can be included in compensation?

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Priority claim or who has priority right to your money when you owe

4. October 2024

7 minutes of reading

Other legal issues

If you borrow money from someone and draw up a contract to that effect, or enter into such a contract through another legal or commercial relationship, you become a debtor with an obligation to repay the creditor. Claims can take many forms, but we will focus today on preferential claims.

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When are you entitled to severance pay?

19. February 2023

8 minutes of reading

Labour law

Is your employer going to give you notice? Make sure you are not entitled to severance pay. When does the entitlement arise, how is severance pay calculated and what happens to the levy afterwards? We've looked at this in detail in our article.

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Severance pay in 2016

11. March 2016

1 minute of reading

Labour law

What severance pay am I entitled to if I resign or enter into a "termination by agreement"? This is one of our clients' frequent questions.

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Severance pay in 2015

4. February 2015

2 minutes of reading

Labour law

In the event of an involuntary termination of employment, the Labour Code guarantees a "cushion" to enable the employee to find a new job or other livelihood. In addition, employers like to use severance pay as an "incentive" for termination so that it is less painful for the employee and does not lead to an unpleasant dispute.

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