Collective and individual severance agreements are widely used by companies in the sector. Collective severance agreements enable employees to adjust their workforces outside the rules governing redundancies. Individual severance agreements, on the other hand, can be used to meet mutual wishes for separation.
However, each of these systems requires compliance with various principles and rules that must be respected to ensure their effectiveness and legal certainty.
What are the points to bear in mind? What are the pitfalls to avoid?
Thomas Lestavel of Eunomie provides an update on these two systems.