NEWS

Right of the employee on severance pay – gross 1 or net amount?

Although it seemed that the manner of determining severance pay and its payment was undisputed, JPM Partner Jelena Nikolic gives an overview of how the difference between the official stands of the highest courts in the country and the official opinions of the competent ministry, may lead to legal insecurities.

The law of the Republic of Serbia is based on Constitution, laws, and other legislation, as well as accepted international rules and international treaties.

Referring to recent cases of discrepancy in the manner of calculating the severance pay in case of employment termination due to redundancy, there may be reasons for potential revisions of the official stands, having in mind the provisions of the Labour law, as well as tax legislation. The full insight is available in the article HERE.

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