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The special labor relationships of senior executives are regulated separately and there is a great deal of flexibility when it comes to drawing up employment contracts.
Senior executives can be dismissed without cause (i.e. contractual withdrawal by employer) with a minimum of a three months' notice, in which case executives are entitled to an indemnity of seven days pay per year worked, up to a maximum of six month's pay. Senior executives may also withdraw from a contract with a minimum of a three months' notice.
For more information about Spain's labor & social security legislation, please download the following document:
Labor and Social Security regulations
(2123kb.)
Prepared by Garrigues
Last updated: 17|02|2010
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