Work and business
Severance pay (dismissal compensation)
In short
Money an employee receives when the company dismisses them.
The amount depends on your years of service and your salary.
Other money may also be due with it, such as unused holiday pay.
Before accepting anything, check the calculation. If you do not agree, ask for a written explanation.
Official source: gov.gr (Greek government portal)
Tools that use this term
Dismissal payout and final-settlement estimator01Dismissal payout and final-settlement estimatorWork and payCalculator