Document background
The Employment Separation Agreement is a crucial document used in Denmark when formally ending an employment relationship through mutual agreement or as part of a negotiated exit. It serves as a comprehensive record of all termination terms, incorporating requirements under Danish employment law, particularly the Danish Salaried Employees Act (Funktionærloven). This document is typically used in situations involving senior executives, redundancies, mutual separations, or when special termination terms are negotiated. It covers essential elements such as separation payments, notice periods, holiday pay, benefit treatments, and post-employment obligations. The agreement helps minimize legal risks, ensures compliance with Danish employment regulations, and provides clarity and certainty for both employer and employee regarding their rights and obligations during and after the separation process.
