Wage Definition (Notice and Transition Payments) Decree
in forceWage components in payment calculations
In this Decree and the provisions based thereon, the following definitions shall apply:
For the application of Article 668, paragraph 3, and Article 673, paragraph 2, of Book 7 of the Civil Code, wages shall be understood to mean: the…
For the application of Article 673, paragraph 2, of Book 7 of the Civil Code, the wages referred to in Article 2 shall be increased by:
If the duration of the employment agreement was less than one month, then, by way of derogation from Articles 2 and 3, for the application of Article…
This decree shall be cited as: Decree on the wage concept for the notice period compensation and the transition payment.
This decree shall enter into force with effect from 1 January 2015, with the exception of Articles 1, parts (b) and (c), 3 and 4, which shall enter…