A brief summary of the key points of the termination agreement
Use our severance calculator to calculate the possible amount of a severance payment by answering the following questions.
Severance pay calculator
Brief overview
Essentially
With the help of a termination agreement, the employer usually wants to part with you at short notice and without an official termination procedure. This requires your consent.
Important
Terminating the employment relationship by mutual consent can entail considerable disadvantages for the employee with regard to pension benefits and services provided by the employment agency.
Tip
Do not allow yourself to be swayed by the possibility of a large severance payment and ask your employer to allow you time to consider the matter, during which you can seek the assistance of a specialist lawyer specialized in labour law.
Advantages, disadvantages, and associated risks
Basic advice
Severance payment amount
from 0,5 bis 4* salaries per year of employment
*Many factors are decisive in determining the amount of severance pay:
- the invalidity of the termination (e.g. unjustified social selection)
- the highest possible level of protection (e.g. long years of service, advanced age)
- special protection against dismissal (e.g. works council member, pregnancy)
- the employer’s wish to terminate the employment relationship as quickly as possible
- possible claims regarding bonuses, special payments, or commissions
- financial statement of the employer
Were you dismissed?
Local AfA Office
Initial consultation after termination € 99,00
You have received a termination of employment notice and are looking for fast assistance? Take advantage of the possibility of an initial telephone consultation with an employment law expert from AfA Lawyers (Rechtsanwälte)
Our Lawyers
22 lawyers, 5 locations, operating throughout Germany: Our lawyers specialise exclusively in labour law and therefore have excellent expertise in advising employees, managers and works councils. We are represented nationwide in Berlin, Nuremberg, Bamberg, Frankfurt and Rostock.
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Im Arbeitsrecht gelten häufig kurze Fristen. Bei uns bekommen Sie schnell einen Termin, wenn notwendig noch am gleichen Tag. Zögern Sie nicht, uns anzusprechen, damit wir aktiv werden können!
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