Archive FAQs - Page 29 of 31 - Transition fee calculator.co.uk

Q: How high is my severance pay?

There is no generally applicable formula for severance pay. The amount of this compensation is calculated based on x number of months or the transitievergoeding times two. But this depends on all the facts and circumstances applicable in your specific situation.

Q: What does the subdistrict court formula mean?

The subdistrict court formula is a formula that theÂ severance pay Â calculates. Dutch subdistrict courts developed this guideline to calculate the amount of the so-called dissolution compensation. With effect from 2015, subdistrict courts no longer use the subdistrict court formula for dismissal, but rather the transition compensation and any additional compensation on top of this transition compensation. In the case of individual dismissal by mutual consentÂ ( settlement agreement ) Â and collective dismissal, the subdistrict court formula can still be used to determine compensation.

Q: What does a settlement agreement look like?

After you and your employer have jointly agreed that your employment contract will be terminated, he will issue a settlement agreement on. This document contains your details and all the agreements made.

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