Document background
The Termination Of Contract Of Employment document is a crucial legal instrument used in Austrian employment relationships to formally end an employment contract. It must comply with strict Austrian labor law requirements, including specific notice periods, formal declarations, and mandatory content. This document is typically used when either the employer or employee initiates a termination of employment under ordinary circumstances (not for cause). It needs to include specific details about the termination date, notice period, final settlements, and various administrative aspects such as the return of company property and final benefit calculations. The document must be drafted in accordance with both the individual employment contract and collective agreements if applicable, while ensuring compliance with Austrian statutory requirements, particularly those outlined in the Salaried Employees Act and Labor Constitution Act.
