Document background
The Job Separation Agreement is a crucial document used in Switzerland when formally ending an employment relationship, whether through mutual agreement, resignation, or termination. It serves as a comprehensive record of all termination terms, incorporating requirements under Swiss employment law, particularly the Swiss Code of Obligations (OR). The agreement typically addresses final compensation, benefit arrangements, confidentiality obligations, and potential post-employment restrictions. It's particularly important in situations involving senior executives, sensitive positions, or complex compensation arrangements. The document helps prevent future disputes by clearly documenting all aspects of the separation and ensuring both parties understand their rights and obligations under Swiss law. This type of agreement is commonly used across various industries and can be customized to address specific circumstances while maintaining compliance with Swiss legal requirements.
