Fellow Reader,
We are pleased to present the latest edition of our newsletter. In this issue, we focus on severance pay across the ILLN member states, including most European Union countries, the United Kingdom, and Switzerland. Severance entitlements play an important role in the context of employment termination and reflect the balance each legal system strikes between flexibility for employers and protection for employees.
Although the legal basis, calculation methods, and eligibility criteria vary significantly between jurisdictions, severance pay generally aims to mitigate the financial impact of job loss and to provide employees with a degree of economic security during the transition to new employment.
We hope you enjoy reading the FEB 2026 issue of the ILLN Newsletter!