Calculation Transition Payment
*agreed fixed year-end bonus / 13th month divided by 12
** agreed fixed overtime pay and / or shift work allowance payable in the 12 months before the end date divided by 12
*** agreed variable salary components payable in the three calendar years prior to the year in which the employment contract ends divided by 36
The maximum transition payment in 2023 is € 89,000 or a yearly salary if that is higher than € 89,000.
If you have any questions about the calculation, please contact one of the specialists at Van Bladel Lawyers via: +31 (0)30 220 3111 or via firstname.lastname@example.org