Job loss can be an unexpected event for many employees, and rarely do individuals perfectly time their remaining vacation days with an impending termination. Questions naturally arise: What happens to unused holiday pay when employment ends? Does it disappear, can…
In Germany, it is usually against the law to dismiss an employee during parental leave. The country is moving towards a more employee-centred approach, particularly with regard to dismissal. However, cases of dismissal, although rare, can still occur during parental…
Is income tax applicable to severance pay in Germany? Unfortunately, employees are required to pay income taxes on their severance pay. In most cases, the full amount is subject to taxation, despite it being a one-time compensation meant to reimburse…