French Labour law : increase of the legal severance compensation (“indemnité légale de licenciement”) (Decree n ° 2017-1398 of September 25th, 2017)

The legal severance compensation shall not be less than the following amounts:

1° A quarter of a month's salary per year of seniority up to ten years;
2° One third of a month's salary per year of seniority from ten years.  (Art. R. 1234-2 of the French Labour Code)

Please note that if a collective agreement provides for a more favorable severance pay, this applies instead of the legal severance compensation.

To read all the Article, please click on the link below:

https://blogavocat.fr/space/frederic.chhum/content/french-labour-law-increase-legal-severance-compensation-%E2%80%9Cindemnit%C3%A9-l%C3%A9gale-de-licenciement%E2%80%9D-decree-n-%C2%B0-2017-1398-september-25th-2017_

Frédéric CHHUM Avocat à la Cour (Paris et Nantes)

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