Spain Labor Law
Spain Employment Severance & Finiquito Calculator
Calculate your statutory dismissal compensation (Indemnizacion por despido) and final settlement (Finiquito) under the Spanish Workers Statute (Estatuto de los Trabajadores). Model unfair dismissal (despido improcedente: 33 days/year), objective redundancy (despido objetivo: 20 days/year), and accrued holiday/bonus pay.
Total Compensation & Finiquito Payout
€0.00
Severance is 100% tax-exempt up to €180,000
Statutory Severance Pay (Indemnizacion)
€0.00
33 days/year capped at statutory limit
Finiquito Settlement (Vacations & Extras)
€0.00
Unused holidays + prorated bonus accrual
Daily Salary Rate (Salario Diario)
€0.00
Calculated as (Annual Gross / 365)
Spanish Labor Law Dismissal Indemnities
Under the Spanish Workers' Statute (Estatuto de los Trabajadores), dismissal compensation is legally determined by the reason for termination and employee seniority:
- Despido Improcedente (Unfair Dismissal): Compensated at 33 days of salary per year worked, capped at a maximum of 24 monthly payments (720 days). Any period worked prior to the February 2012 labor reform accrues at 45 days/year capped at 42 months.
- Despido Objetivo (Economic / Technical / Organizational): Compensated at 20 days of salary per year worked, capped at 12 monthly payments (360 days).
- Tax Exemption: Statutory severance up to €180,000 is 100% exempt from personal income tax (IRPF).
📊 Spanish Statutory Comparative Matrix (AEAT, TGSS & Legal Breakdown)
| Concepto Estatutario / Liquidacion | Importe Calculado |
|---|---|
| Liquidacion Principal / Importe Neto Final | 0,00 € |
MS
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Spanish Statutory Compliance Specialist
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.