When an employment relationship ends, many countries do impose statutory payments to employees, that employers are obligated to pay.  Companies that are in pro-employer labor policy countries may be surprised to find out how generous these end of service payments can be.

It is important to understand fully the nature and calculation of mandatory payments when employment ends, as it will add to the overall cost of employment abroad.  If you are planning on hiring employees in the Netherlands, we will explain what you will be facing at the end of the employment relationship.

What is transition pay (transitievergoeding) in the Netherlands?

The Netherlands has what is called transitievergoeding, or transition pay, that will be owed to an employee when their contract comes to end.  The intention behind transition pay is to help the employee when looking for a new job or to improve their professional skills in the interim...read more

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