This animation informs entrepreneurs about transition payments and how the entrepreneur can calculate it. The different steps are explained in a colorful animation.

VOICE-OVER: "Is your employee leaving your company? If this was not their own choice, you will usually have to pay your employee an amount  of money. This amount is called the transition payment."

Text on screen: business.gov.nl.

VOICE-OVER: "A transition payment is mandatory in case of fixed, temporary and on-call contracts.
The amount of the payment depends on the monthly salary and the number of years your staff  member was employed."

The monthly pay-slip and annual statement appear on screen. 

VOICE-OVER: "To find out the exact amount you need to pay, use the online calculation tool of the Ministry of Social Affairs and Employment."

Text on screen: rekenhulptransitievergoeding.nl

VOICE-OVER: "You calculate the payment from the first working day. Are you not able to make the transition payment in one go, you are then allowed to spread the payment over a maximum of six months. 

There are situations in which you do not owe transition payment. For example, if your employee agrees with the dismissal or if your company goes bankrupt."

A resignation contract is signed. A closed sign is turned in a shop window.

VOICE-OVER: "If an employee leaves after two years of sick leave, you can apply for compensation with the Dutch Employee Insurance Agency, UWV.

Want to learn more? Find out all you need to know on business.gov.nl. 
Government information for entrepreneurs."