Severance Calculation Methodology (Workers' Statute Art. 49, 52 & 56)
Calculations follow statutory scales under Spanish labor law: 20 days per year worked (max 12 monthly payments) for Objective Dismissal; 33 days per year worked (max 24 monthly payments) for Unfair Dismissal post-2012 reform; and 45 days per year (max 42 monthly payments) for senior service prior to February 12, 2012.
Statutory compensation for fixed-term contract expiry is calculated proportionally using actual calendar days of service under Spanish employment law. The monthly rounding used for certain dismissal compensations does not apply.