In case of rescinding an employment contract the employer shall be obliged to make a full final settlement with the employee on the day of rescission of the employment contract, unless other procedure for final settlement is provided for by the Labor Code, the law or upon agreement between the employer and the employee.

Where the employee is moved (transferred) to another job with the same employer, the employer shall not make a final settlement with the employee.

The employer shall be obliged to pay the employee his or her salary and other equivalent payments on the day of final settlement. Other payment equal to the salary is, for example, monetary compensation for unused annual leave.

If this obligation cannot be fulfilled (for reasons beyond the control of the employer), then the employee’s salary and equivalent payments are made within five working days after the employee makes such a request.