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Seniority premium calculator
The seniority premium (Art. 224) equals one week's salary per year of service, with the proportional part of incomplete years. Estimate yours instantly.
Result
Weekly salary—
Seniority premium—
Legal basis: the seniority premium (Art. 224 of the Labor Code) is one week's salary per year for every indefinite contract, regardless of the cause of termination. This calculator is a guide; confirm with your accountant or lawyer.
Frequently asked questions
Which salary is the seniority premium based on?
On the weekly salary, derived from the average monthly salary times 12 divided by 52. If there are commissions or overtime, use the real average for the period.
Are incomplete years paid?
Yes. The seniority premium includes the proportional part of incomplete years. For example, 5 years and 6 months equal 5.5 years of service.
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