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> DIALOGUE - home > Employment protection legislation database - EPLex > Serbia

Serbia - Severance pay and redundancy payment


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Severance pay:
Remarks:
  • The provision on severance pay (art. 190) has been deleted from the 2005 Labour Law.
    Redundancy payment:
    Remarks:
    • Art. 158 LL established a minimum statutory payment to be paid prior to terminating an employment contract on the grounds that "due to technological, economic or organizational changes a particular job becomes redundant or volume of work be reduced".
      The amount of redundancy payment is to be set out in the contract but shall not be less than the sum of 1/3 of the monthly salary for each full year of service for the first ten years and 1/4 of the salary for each full year of service after 10 years of employment.
    • tenure ≥ 6 months: 0 month(s)
    • tenure ≥ 9 months: 0 month(s)
    • tenure ≥ 1 year: 0.33 month(s)
    • tenure ≥ 2 years: 0.66 month(s)
    • tenure ≥ 4 years: 1.33 month(s)
    • tenure ≥ 5 years: 1.66 month(s)
    • tenure ≥ 10 years: 3.3 month(s)
    • tenure ≥ 20 years: 5.83 month(s)

    Notes / Remarks
    1) Dismissal based on the worker's conduct or capacity: no statutory severance pay.
    (The provision on severance pay for capacity-based dismissal (art. 190) has been deleted from the 2005 Labour Law.)
    2) Economic dismissal (individual and collective): redundancy payment.

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    Severance pay:
    Remarks:
    • The provision on severance pay (art. 190) has been deleted from the 2005 Labour Law.
      Redundancy payment:
      Remarks:
      • Art. 158 LL established a minimum statutory payment to be paid prior to terminating an employment contract on the grounds that "due to technological, economic or organizational changes a particular job becomes redundant or volume of work be reduced".
        The amount of redundancy payment is to be set out in the contract but shall not be less than the sum of 1/3 of the monthly salary for each full year of service for the first ten years and 1/4 of the salary for each full year of service after 10 years of employment.
      • tenure ≥ 6 months: 0 month(s)
      • tenure ≥ 9 months: 0 month(s)
      • tenure ≥ 1 year: 0.33 month(s)
      • tenure ≥ 2 years: 0.66 month(s)
      • tenure ≥ 4 years: 1.33 month(s)
      • tenure ≥ 5 years: 1.66 month(s)
      • tenure ≥ 10 years: 3.3 month(s)
      • tenure ≥ 20 years: 5.83 month(s)

      Notes / Remarks
      1) Dismissal based on the worker's conduct or capacity: no statutory severance pay.
      (The provision on severance pay for capacity-based dismissal (art. 190) has been deleted from the 2005 Labour Law.)
      2) Economic dismissal (individual and collective): redundancy payment.

      + show references

      Severance pay:
      Remarks:
      • The provision on severance pay (art. 190) has been deleted from the 2005 Labour Law.
        Redundancy payment:
        Remarks:
        • Art. 158 LL established a minimum statutory payment to be paid prior to terminating an employment contract on the grounds that "due to technological, economic or organizational changes a particular job becomes redundant or volume of work be reduced".
          The amount of redundancy payment is to be set out in the contract but shall not be less than the sum of 1/3 of the monthly salary for each full year of service for the first ten years and 1/4 of the salary for each full year of service after 10 years of employment.
        • tenure ≥ 6 months: 0 month(s)
        • tenure ≥ 9 months: 0 month(s)
        • tenure ≥ 1 year: 0.33 month(s)
        • tenure ≥ 2 years: 0.66 month(s)
        • tenure ≥ 4 years: 1.33 month(s)
        • tenure ≥ 5 years: 1.66 month(s)
        • tenure ≥ 10 years: 3.3 month(s)
        • tenure ≥ 20 years: 5.83 month(s)

        Notes / Remarks
        1) Dismissal based on the worker's conduct or capacity: no statutory severance pay.
        (The provision on severance pay for capacity-based dismissal (art. 190) has been deleted from the 2005 Labour Law.)
        2) Economic dismissal (individual and collective): redundancy payment.

        + show references

        Severance pay:
        Remarks:
        • The provision on severance pay (art. 190) has been deleted from the 2005 Labour Law.
          Redundancy payment:
          Remarks:
          • Art. 158 LL established a minimum statutory payment to be paid prior to terminating an employment contract on the grounds that "due to technological, economic or organizational changes a particular job becomes redundant or volume of work be reduced".
            The amount of redundancy payment is to be set out in the contract but shall not be less than the sum of 1/3 of the monthly salary for each full year of service for the first ten years and 1/4 of the salary for each full year of service after 10 years of employment.
          • tenure ≥ 6 months: 0 month(s)
          • tenure ≥ 9 months: 0 month(s)
          • tenure ≥ 1 year: 0.33 month(s)
          • tenure ≥ 2 years: 0.66 month(s)
          • tenure ≥ 4 years: 1.33 month(s)
          • tenure ≥ 5 years: 1.66 month(s)
          • tenure ≥ 10 years: 3.3 month(s)
          • tenure ≥ 20 years: 5.83 month(s)

          Notes / Remarks
          1) Dismissal based on the worker's conduct or capacity: no statutory severance pay.
          (The provision on severance pay for capacity-based dismissal (art. 190) has been deleted from the 2005 Labour Law.)
          2) Economic dismissal (individual and collective): redundancy payment.