1. What entitles an employee to severance pay in Hungary?
In Hungary, an employee is entitled to severance pay if their employment is terminated by the employer, if the employer does not have a legal successor, or for other reasons defined by law. Severance pay is based on the length of the employee's service.
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2. How is the amount of severance pay calculated in Hungary?
In Hungary, severance pay is calculated based on the employee’s length of service. It ranges from one month’s salary for at least three years of service to up to six months’ salary for employees with 25 years or more of service.
3. When is an employee not entitled to severance pay in Hungary?
In Hungary, an employee is not entitled to severance pay if the reason for termination is related to the employee's behavior or ability, or if the employee is considered retired at the time of termination. The employer may also deny severance in some cases.
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