WebSeverance amounts to: 1-month salary for employees with seniority of less than 2 years (with given employer); 2-months salary for employees with seniority of 2 – 8 year (with given employer); 3-months salary for employees with seniority of more than 8 years (with given employer). Maximum severance is limited with a 15 x statutory minimum salary. WebFrequently Asked Questions. If you’re leaving employment due to severance or redundancy, or are considering being part of a voluntary severance scheme (VSS) or redundancy …
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