Severance Pay

• Job termination
• Other
• Severance Pay

When companies merge, close departments, or relocate jobs, entire teams face uncertainty. To ensure such restructuring processes remain fair, Germa...

• Severance Pay

When an employer files for insolvency, many employees fear losing not only their jobs but also any outstanding payments - including severance. But ...

• Job termination
• Severance Pay

Those on parental leave enjoy special protection against dismissal. Employers may only terminate employment in ‘special cases’ and with official ap...

• Job termination
• Severance Pay

A termination without notice (also known as ‘extraordinary termination’) ends the employment relationship immediately – without any notice period. ...

• Job termination
• Severance Pay

The law protects the continuity of employment relationships. The legislator takes into account the fact that the employer is usually in a stronger ...

• Job termination
• Severance Pay

When a company or business is permanently closed, it is often due to ‘termination due to closure of business’. There are clear and strict rules for...

• Severance Pay
• Tax on severance pay
• Termination agreement

One-fifth rule for severance pay: If there is a mutual separation between employer and employee by means of a termination agreement, or if the empl...

• Severance Pay

In theory, most employees in Germany might not have a legal claim for a severance package. In practice, however, severance payments will be made al...

• Job termination
• Other
• Severance Pay

The tech industry - once an unstoppable engine of growth - has started to lay off people in large numbers. In 2024 alone, more than 100,000 employe...