Who Can Calculate Transition Compensation (Transitievergoeding Berekenen)?

 

If you are fired by your employer, you may not have to go to court to seek redress if you have signed a settlement agreement. The agreement is binding on you not to go to any court of law when you have been relieved of your duty. But however, you can calculate transition compensation (transitievergoeding berekenen) for the period you have worked with such organization or employer.

The settlement agreement encompasses what you and your employer have agreed on to be payment or compensation for severance and inconvenience from either party. So, the agreement will be binding on you when you decide to resign your appointment. It is also binding on your employer when you are summarily dismissed.

So therefore, where there is no settlement agreement, both of you will be uncertain of what to do. You will not know how you can calculate transition compensation (transitievergoeding berekenen) appropriate to you or know if the one computed for you is good. In this circumstance, the consequence or effect of the sack will not be clear and therefore will have to be recorded in different way. It is during this circumstance that the matter can be taken to court of law for resolution.

And when this matter reaches the court, it might take time before resolution will be arrived at. Such cases will be even more expensive than if the settlement agreement has been done earlier. And in this situation or circumstance, you or your employer will not have any influence on the final resolution. If settlement agreement has been put in place however, both the employer and the employee are in full control.

Employment settlement agreement is there necessary and in principle, allows the employee to claim unemployment benefits. It will make it easy for employee to calculate transition compensation (transitievergoeding berekenen) he is entitled to if it fulfills the following conditions;

1.       It is the employer that must initiate the termination.

2.       The notice period on the part of the employer needs to be observed.

To get more information visit #transitievergoeding berekenen.