- Phase
- Law No. 262/2006 Coll., Labour Code
- Native name
- Zákon č. 262/2006 Sb., Zákoník práce
- Type
- Severance pay/redundancy compensation
- Added to database
- 08 May 2015
Description
An employee whose employment relationship is terminated by notice given by an employer due to reorganisation or by agreement for the same reason is entitled to receive severance pay. The severance pay amounts to one month's payment for termination of employment in the first year, two months for the second year and three months for those who have worked more than two years for the employer.
For the purpose of paying the severance pay to the employee concerned, average monthly earnings are considered as average earnings.
This regulation applies to collective dismissals of employees as well as to individual dismissals and is commonly applicable both for full-time and part-time contracts, for permanent and fixed-term contracts.
Citation
Eurofound (2015), Czechia: Severance pay/redundancy compensation, Restructuring legislation database, Dublin,
https://apps.eurofound.europa.eu/legislationdb/severance-payredundancy-compensation/czechia