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Panamá - Indemnización por despido e indemnización especifica por despidos económicos


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Indemnización por despido por razones económicas: Redundancy payment shall amount to compensation for unfair dismissal.
In the case of employment commencing after April 1972, redundancy payment should be equivalent to3.4 weeks of wages for each year worked in the ten first years; and each year after ten years should be paid with the equivalent of one week's wages for each year. Where a full year has not been completed, the corresponding proportion is due.
For contracts concluded before April 1972, see compensation for unfair dismissal under "avenues for redress".

Remarks:
  • Art. 215 LC: redundancy payment shall amount to compensation for unfair dismissal as established by art. 225 LC.

Notas / Comentarios
1) Dismissal with cause (not economic): no severance pay.
2) Economic dismissal: redundancy payment = compensation for unfair dismissal.
3) Dismissal of workers not subject to the just cause requirement (workers with less than two years of uninterrupted service; domestic employees; permanent employees of small agricultural, fishing or manufacturing undertakings; seafarers serving on board vessels operating on international routes; apprentices; workers in retail sales establishments and in undertakings with five or fewer workers, except in the case of insurance establishments or real estate): compensation for unfair dismissal

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Indemnización por despido por razones económicas: Redundancy payment shall amount to compensation for unfair dismissal.
In the case of employment commencing after April 1972, redundancy payment should be equivalent to three to four weeks of wages for each year worked in the ten first years; and each year after ten years should be paid with the equivalent of one week's wages for each year. Where a full year has not been completed, the corresponding proportion is due.
For contracts concluded before April 1972, see compensation for unfair dismissal under "avenues for redress".

Remarks:
  • Art. 215 LC: redundancy payment shall amount to compensation for unfair dismissal as established by art. 225 LC.

Notas / Comentarios
1) Dismissal with cause (not economic): no severance pay.
2) Economic dismissal: redundancy payment = compensation for unfair dismissal.
3) Dismissal of workers not subject to the just cause requirement (workers with less than two years of uninterrupted service; domestic employees; permanent employees of small agricultural, fishing or manufacturing undertakings; seafarers serving on board vessels operating on international routes; apprentices; workers in retail sales establishments and in undertakings with five or fewer workers, except in the case of insurance establishments or real estate): compensation for unfair dismissal