Document background
The Company Termination Policy serves as a crucial framework for managing employment terminations within organizations operating in the Netherlands. This document becomes necessary when organizations need to establish clear, legally compliant procedures for handling various types of employment terminations, from voluntary resignations to dismissals. The policy ensures compliance with Dutch employment law, which is known for its comprehensive employee protections and strict procedural requirements. It incorporates essential elements such as statutory notice periods, transition payments (transitievergoeding), and consultation requirements with works councils where applicable. The document provides guidance on both individual and collective dismissals, outlines the roles and responsibilities of different stakeholders, and includes necessary templates and procedures for proper documentation.
