Both the employee and the employer are entitled to terminate the employment.

The notice period for permanent employees is a minimum of 30 days, and for employees on probation, it ranges from 7 – 14 days.

Severance pay

If the termination is with a clause, employees are entitled to all benefits including commissions on a prorated basis until the termination date and the seniority premium of twelve days’ salary for each year of service. If the termination is without a clause, employees are entitled to the following lump-sum payment: 

• Three months of the employee’s aggregate salary, plus 
• Twenty days of an employee’s aggregate salary for each year of service 
• A seniority premium of twelve days’ salary for each year of service 
• Benefits due