Do you wish or need to dismiss an employee and want to have potential severance claims reviewed beforehand? Numerous factors, such as the length of employment, legal regulations, and the jurisprudence of regional courts, influence the entitlement and amount of severance pay. We assist employers in negotiating severance packages and with all matters related to labor law.
In the event of a termination or a mutual termination agreement, employers and employees often agree on the payment of severance, which is intended to financially compensate the employee for job loss and facilitate the end of the employment relationship. Employers generally pay severance voluntarily, unless it is already stipulated in an employment contract or collective bargaining agreement. The amount of severance is determined individually and negotiated between the parties.
While there is only a limited legal entitlement to severance, it is often a good option to avoid lengthy court proceedings, to part ways amicably with an employee, and to minimize financial risks.
As employers, we provide comprehensive advice on all aspects of labor law, including severance pay. We work with you to achieve out-of-court solutions and reach an amicable agreement with your employee. Please contact us!
