Calculation Transition Payment

Data

Holliday allowance

Income per month

Holliday allowance

Calculation

Worked

Gross monthly income

Transition payment

*agreed fixed year-end bonus / 13th month divided by 12
** agreed fixed overtime pay and / or shift work allowance payable in the 12 months before the end date divided by 12
*** agreed variable salary components payable in the three calendar years prior to the year in which the employment contract ends divided by 36

If you have any questions about the calculation, please contact one of the specialists at Van Bladel Lawyers via: +31 (0)30 220 3111 or via info@vanbladeladvocaten.nl