Final Employment Contract Settlement: What You Need to Know


Questioner

When should the final settlement of an employment contract be completed? The last day of the contract was November 8th.

Questioner

It is often agreed, or has been agreed, that this will be provided within one month of the end date. If you haven't yet received the final statement, I advise you to request your employer in writing to send it within 7 days of today.

Questioner

The final settlement should take place within one month of the end of the employment contract. In your case, it's taking far too long. Don't forget to include the statutory increase (50%) and the statutory interest (2% per year) in the letter, as Van Orsouw mentions. Keep a copy of this letter or send it by email. If the employer doesn't pay, contact a specialized employment law attorney (member of a specialized association), such as myself. The initial consultation is often free, such as at my office.

Questioner

It was already quite a struggle to get a correct calculation. I finally managed it through a lot of searching and puzzling online, and with the help of one of my partner's colleagues, I got it down on paper. The money was transferred and booked in February 2020; the payslip shows week 6 of 2020, but this will likely negatively impact my unemployment benefits. And I believe it should also be included in the calculation of my daily wage.

Questioner

It was already quite a struggle to get a correct calculation. I finally managed it through a lot of searching and puzzling online, and with the help of one of my partner's colleagues, I got it down on paper. The money was transferred and booked in February 2020; the payslip shows week 6 of 2020, but this will likely negatively impact my unemployment benefits. And I believe it should also be included in the calculation of my daily wage.

Questioner

The final settlement is usually made in accordance with the next salary payment period, but that's not a general rule, and it can and may, of course, be settled sooner. Later seems inappropriate if the amounts to be paid are clear. The final settlement often includes an amount for vacation days, bonuses, and holiday pay. In my opinion, these amounts are wages on which employee contributions must be paid. I'm not certain. If employee contributions have been paid, it's considered socially insured wages and counts towards the unemployment benefit amount. Please check carefully whether a green or white table has been used. If this is incorrect, it will affect your benefits!

Questioner

I'd like to know if they're allowed to just book this three months later. It's not wages from week 6 of 2020, but wages that were shortchanged for the entire year of 2019. Now the UWV says this income is from February 2020...

Questioner

No, as previously stated, the final invoice should be received within one month. If you suffer damages due to your employer's working methods, you can recover these from them. A specialized employment lawyer can tell you more about this.

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