Tax-News | Business-News

Anticipatory need for action: Longer notice periods for workers from 1st of January 2021

LBG Austria - Summary: From 1st of January 2021, the notice periods and termination dates of the workers will be aligned with those of the employees. This also means, that the termination provisions previously contained in the collective agreements of the workers no longer apply at the end of December 31, 2020. As a rule, the new legal provisions will lead to a massive extension of the previous, very short notice periods for workers. If, as of January 2021, the employer terminates the contract with an "old" time limit which is too short, affected workers are entitled to a termination benefit in accordance with the new statutory notice periods.

LBG recommendation: It is therefore worth considering – depending on the operational requirement – to already now make use of the legally granted option to agree on a termination possibility also to the 15th and the last of a month in new and existing contracts with workers – as it is already common on contracts with employees.

Contact & Advice: This information naturally shows basic aspects of the topic - for completeness and correctness no guarantee can be given despite careful preparation. LBG will gladly advise you in your individual situation. Please contact one of our 31 Austria-wide locations (www.lbg.at) or welcome@lbg.at - we will gladly bring you together with one of our experts, who is very familiar with your request.