Document background
The Final Pay Letter To Employee is a mandatory document under Austrian employment law that must be provided to employees upon the termination of their employment relationship. It serves as the formal documentation of the final settlement between the employer and employee, detailing all financial aspects of the employment conclusion. This document is required regardless of the reason for termination (resignation, dismissal, mutual agreement, or retirement) and must comply with various Austrian regulations, including the Salaried Employees Act (Angestelltengesetz) and the Severance Pay Act (BMSVG). The letter should be prepared when an employee's departure is confirmed and must include accurate calculations of all outstanding payments, statutory entitlements, and deductions. It plays a crucial role in ensuring legal compliance and preventing future disputes regarding final settlements.
