The employer’s obligation to award severance pay is mandatory The Netherlands Antilles Severance Ordinance obliges the employer to award an employee whose employment terminates, a single payment (article 3 Paragraph 1). This single payment is a ‘statutory payment’ as distinct from compensation for e.g. early termination of an employment agreement, usually also called a severance… Continue reading SEVERANCE PAYMENTS UNDER THE LAWS OF THE NETHERLANDS ANTILLES
LAWYERS // TAX ATTORNEYS // ARUBA – BONAIRE – CURAÇAO – ST. MAARTEN