Compensation is the act and consequence of indemnifying : propitiate, usually through money , he compensation for a loss or damage . Compensation is also called the amount or thing that is used for this purpose.
For example: "The injured worker made a judgment to the company since it has not yet received the compensation that corresponds", “The State will grant compensation to the woman who a police officer shot in error”, “For now I keep the compensation money they gave me when they threw me out of job ”.
There are various types of compensation. The redundancy payment It is paid by an employer to a worker when dismissed without cause. The characteristics of this compensation depend on the employment contract and the legislation of each nation .
Typically, the compensation is linked to the number of years the employee has been working for the company in question. The older, the greater compensation.
In Argentina , to cite a case, severance pay is equivalent to one month's salary for each year worked or for a fraction greater than three months, taking as base the best compensation received by the worker in the last year.
With respect to Spain, on the other hand, a job dismissal considered inadmissible by the employee grants him the right to demand payment of compensation, which also depends on the type of contract you have entered into with the company.
The severance pay protects the worker and contributes to his job stability. However, when they are driven laws from flexibilization , seeks to reduce compensation and even cancel them in order to minimize the costs of entrepreneurs.
We often see in the media stories about workers who cause their own layoffs with the main objective of collecting compensation, in addition to the help offered by the government to unemployed people to support them in their search for a new job. .
While this practice is absolutely illegal, there are many cases of dismissals caused by the employees themselves. When situations that eventually lead to the breakdown of contract they have been planned in a cold and meticulous way, it may seem that it is a mere lack of compatibility between both parties; however, it is usually a series of clearly forced friction, of clashes between the employee and his superiors that reach a peak in which it is impossible to continue the collaboration.
Faced with such a situation, companies can put in place investigative mechanisms to try to find the truth and exempt themselves from the obligation of payment. The affidavit of other workers and the scrutiny of the messages between the employee and his superiors are two of the resources they can use to prove fraud.
There is a document called settlement , which is signed by a worker and the company for which he works with the objective that the former cease work after collecting an amount of money. One of the terms What you must fulfill is to have had a fixed position, so this document excludes any person in probation, for example.
While many people confuse them, the settlement and compensation are different things. For example, severance pay is not always paid but only when it is the company that decides to dispense with the employee, while the settlement can be carried out in the opposite case.
The Compensation for damages , meanwhile, the victim must be paid by the one who caused the evil. This is intended to achieve a repair through a monetary outlay.