Terminating an employment contract is a key legal act that leads to the termination of the employment relationship between the employer and the employee. Whether it is due to the expiration of the contract, mutual agreement, failure to fulfill work obligations, or technological redundancy, it is important to understand the rights and obligations of both parties.
An employee can resign by respecting a notice period of at least 15 days, while the employer must provide a written explanation and allow the employee to respond. The employer can terminate the contract due to violation of work discipline, abuse of sick leave, failure to meet work tasks, or coming to work under the influence of alcohol. The contract can also be terminated if the employee qualifies for retirement or if the employer ceases operations.
Technological redundancy is a common reason for termination, and in such cases, the employee may be entitled to severance pay. A mutual agreement to terminate the employment relationship offers flexibility, but the employee must be aware of the consequences, particularly in relation to rights to unemployment benefits.
To ensure legality and protect your rights, consult the experts at Tax International Accounting Agency in Novi Sad. Our team provides professional advice and support for both employers and employees, ensuring that every termination of the employment relationship complies with the law and your best interests.
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