FAQs

Q: How many months' salary will I get with severance pay?

It depends on your situation and how well it is negotiated. The statutory transitional compensation amounts to about 1/3 monthly salary per year worked. With a settlement agreement, the severance pay is often higher, 1/2 monthly salary per year worked or more is no exception. The exact amount depends on your years of service, age, position and whether a file has been built up, for example.

Q: Is severance pay mandatory in a settlement agreement?

No, severance pay is not mandatory. But in practice, it is often offered to smooth the dismissal. You can negotiate about this and our lawyers will be happy to help you.

Q: When am I entitled to severance pay?

You are entitled to severance pay if you leave your job by agreement with your employer through a settlement agreement. This compensation is negotiable and intended to compensate you for losing your job.

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