Settlement Agreement as Alternative to Termination in Amsterdam

# Settlement Agreement: Smart Alternative to Termination in Amsterdam In the vibrant labor market of Amsterdam, where tech startups, financial services and creative sectors thrive, a settlement agreement (VSO) is a popular way to terminate employment contracts without the intervention of the subdistrict court. At companies like Booking.com or ING in Amsterdam South, parties negotiate themselves over the end date, transition payment and neutrality statement, fitting the dynamic economy of the city. ## Essential elements for Amsterdam employment contracts - Transition payment in accordance with CAOs such as the Amsterdam Metal CAO or more, taking into account high wages in the city. - Neutrality clause: prevents unemployment benefit blockage at UWV Amsterdam. - Lifting of non-compete clause, crucial in the competitive Zuidas world. - Indemnity for employers against claims via local law firms. ## Benefits in Amsterdam context Quick and discreet (no trip to the Amsterdam District Court), tailor-made for expats and locals. Avoids risks of termination refusal by Amsterdam subdistrict judges, who are strict on procedural requirements. Unemployment benefit entitlement starts after one month of benefits via UWV office in Amsterdam East. ## Risks and tips for Amsterdammers For employees: negotiate for higher salary or outplacement via local agencies such as Randstad Amsterdam. Employers: have the VSO reviewed by specialists from De Brauw Blackstone Westbroek on the Zuidas. In case of coercion, it is null and void; use AWVN model VSO, adapted to Amsterdam CAOs. Notarial deed not required, but always in writing for validity. ## When to choose in Amsterdam? Ideal for threatened dismissals in the tight labor market or upon retirement. In Amsterdam, 85% of dismissals end via VSO, especially in hospitality and fintech. Always consult an Amsterdam employment law attorney for balance, such as at Vaneeck Advocaten. (248 words)