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Item: Dismissals -> Category: Employment -> Author: PF -> Revision: 01/10/2008
Dismissals (Spain)

 

The settlement

 

It is that document that was signed at the end of the employment relationship. It will put an end to all the commitments and obligations between the contractor and recruit.

 

In addition to compensation, in any termination of the contract has to liquidate employer to the worker. You must pay the portion of wages due for the days worked in that month and the proportionate share of holidays and the extra payment.

 

The signing of the document implies acceptance by the employee that the employer has fulfilled all financial obligations. Once signed the release form the employee generally is not entitled to claim anything entrepreneur.

 

In signing the release form the worker can claim the presence of a representative of the works council, if any.. It is necessary to be aware of everything that signature and will agree with the money that is owed.

 


Contents of the document

1.-Introduction
2.- Causes of layoffs coming
3.- Awards
4.- Amount of compensation
5.- Calculation of the severance pay
-> Settlement in case of dismissal



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