Document background
The Mutual Termination of Employment Letter is a crucial document used in Austrian employment relationships when both the employer and employee agree to end the employment contract by mutual consent. This approach differs from unilateral termination or dismissal, as it represents a negotiated agreement between the parties. The document is particularly useful when both parties wish to end the employment relationship amicably and potentially on terms that differ from standard notice periods. It must comply with Austrian labor law requirements and typically includes detailed provisions about the termination date, final payments, severance arrangements, and mutual releases. This type of agreement can help avoid potential disputes and provide clarity on post-employment obligations while ensuring all legal requirements under Austrian jurisdiction are met.
