Primer on dismissals, redundancies and severance pay

circle light

In order to carry out dismissals and mass terminations, the Austrian legal regime requires the employer to give prior notification to the appropriate agency and observe the relevant terms. Additionally, the regime provides for staggered severance pay, increasing with seniority, if the termination of employment is not initiated or primarily caused by the employee. 

ILO Newsletter, June 15, 2011

Inquiry note:

Graf Isola Logo

GRAF ISOLA Rechtsanwälte GmbH
T +43 1 401 17 – 0
E marketing@grafisola.at

Author

Jakob Widner
LL.M. (NYU) | Mag.iur. (University of Vienna) | Partner
T:+43 1 401 17 - 0