Career
May 17, 2024

Termination contract: I'm off!

Termination contract: 3 important facts!

A termination contract is only concluded if the employee and the employer both agree.
If one severance pay is paid to you and your position.
The cancellation agreement can be a Blocking period for unemployment benefit trigger.

Termination contract: where is the difference to termination?

A termination agreement regulates the termination of an employment relationship. There are fundamental differences to a termination:

Notice period: A cancellation contract is about avoiding the disadvantages of the notice period and being able to leave the job at short notice.
Works Council: Upon termination, the works council examines the cause and acceptability. Especially when it comes to an operational termination, there are often ways to tackle it. However, in the case of a cancellation contract, the works council remains outside.
Protection against dismissal: A pregnancy or other social reason gives a worker special protection against dismissal. The employer need not worry about these points in a cancellation contract.

Termination contract: Do I have to agree and am I entitled to a severance payment?

Very clear yes! A cancellation agreement can not be used without your consent. It is important that you take your time and the contract again to be checked by an expert leaves. Especially in terms of a possible compensation.
Basically you have not entitled to a severance payment, However, with good negotiating skills, you can make a good deal. The amount of the severance payment is based on the statutory provisions of a redundancy-related termination? Half a gross salary for each year of service, But it does not have to be done.
Before you sign a cancellation contract, you should also make sure your employer agrees very good job certificate issues. For example, you may insist that you agree to the wording of the certificate only after the termination of the employment contract.

Termination Agreement: Will I receive unemployment benefits after that?

A cancellation agreement can lead to a Blocking period for unemployment benefit to lead. It does not matter if the initiative to end the employment relationship comes from the employer or the employee. Since you do not have to accept the contract, you as an employee always have the choice to stay in the company.
You have, however no blocking time to be afraid if you otherwise have one operational termination had to expect that you did not want to wait any longer. This can also be mentioned in the cancellation contract. In addition, a must Settlement agreed have been. To be on the safe side, you can submit the contract to the Federal Employment Agency before signing, so that you do not receive a lock-up period.

Termination Agreement: What benefits do I have?

Possibility of a severance payment
Anticipate a termination of the employer
Quick change to a potential new job
With strong differences with the employer uncomplicated exit

Termination contract: What are the disadvantages of this?

No protection against dismissal or hearing by the works council
Time limit for unemployment benefit possible
Claims from occupational pensions can be omitted

You ask yourself: How do I find the right job? We also show you how to cancel properly. Or rather get started in the job? No problem with the right brainstorming techniques!