Employment law
What is a transition payment?
The transition payment is a financial compensation to which employees are entitled upon dismissal. The purpose of this compensation is to support employees during the
The transition payment is a financial compensation to which employees are entitled upon dismissal. The purpose of this compensation is to support employees during the
When you receive a settlement agreement (VSO), the severance payment plays a crucial role. Often it includes the transition payment listed: the statutory compensation to
Many young people work with a temporary contract. At the end of the contract they are told: “We’re not renewing it.”It’s often thought that this
Upon dismissal, an employee is often entitled to a compensation. The best-known is the transition compensation, which in almost all cases of dismissal must be
When your employer dismisses you, you are in principle entitled to the transition compensation. This is the statutory severance payment intended to facilitate the move