Severance pay
Posted: Sat Jan 18, 2025 5:19 am
This rule also applies to the company's director. Article 280 concerns a special case that applies to fixed-term employment contracts and is aimed at ensuring the protection of employers from sudden decisions by directors. The case law on this issue is very diverse, so it makes sense to agree on it already at the stage of concluding the employment contract.
Many business owners make a mistake when they indicate the amount of severance pay for the CEO when he is dismissed at the initiative of the employer.
The thing is that when trying to fire chinese overseas british data package the CEO for culpable actions, you will have to prove the validity of the claims. If you fail to do this, you will have to pay severance pay in the amount of 3 monthly salaries (clause 2 of Article 278 of the Labor Code of the Russian Federation).
Download a useful document on the topic:
Checklist: How to Achieve Your Goals in Negotiations with Clients
Frequently Asked Questions About CEO Responsibilities
We answer frequently asked questions about the position of CEO and the responsibilities he or she performs.
Is it necessary to notify the tax office about hiring a general director?
Yes, when changing the general director of the company, you must notify the tax office within seven working days so that the changes are registered in the unified state register of legal entities. To do this, you should fill out notification form No. P13014, approved by order of the Federal Tax Service of Russia dated 31.08.2020 No. ED-7-14/617@, and give it to the new manager for signature (with notary certification).
How to choose the right candidate?
It is recommended to discuss the methods of candidate assessment with the founder to avoid disagreements. The decisions on whether psychological tests can be used, whether stress interviews are necessary or whether it is better to prefer an in-depth interview remain with the owner of the enterprise.
Should a company owner control the CEO's performance of duties?
Control by the owner of the company is a prerequisite for effective business management. It helps to avoid possible mistakes and violations by the CEO.
It is important to note that the responsibilities of the CEO of the enterprise may change in accordance with the chosen strategy of the organization. The manager manages all business processes of the enterprise, but the owner must still constantly monitor its activities to ensure the efficiency of the company.
Many business owners make a mistake when they indicate the amount of severance pay for the CEO when he is dismissed at the initiative of the employer.
The thing is that when trying to fire chinese overseas british data package the CEO for culpable actions, you will have to prove the validity of the claims. If you fail to do this, you will have to pay severance pay in the amount of 3 monthly salaries (clause 2 of Article 278 of the Labor Code of the Russian Federation).
Download a useful document on the topic:
Checklist: How to Achieve Your Goals in Negotiations with Clients
Frequently Asked Questions About CEO Responsibilities
We answer frequently asked questions about the position of CEO and the responsibilities he or she performs.
Is it necessary to notify the tax office about hiring a general director?
Yes, when changing the general director of the company, you must notify the tax office within seven working days so that the changes are registered in the unified state register of legal entities. To do this, you should fill out notification form No. P13014, approved by order of the Federal Tax Service of Russia dated 31.08.2020 No. ED-7-14/617@, and give it to the new manager for signature (with notary certification).
How to choose the right candidate?
It is recommended to discuss the methods of candidate assessment with the founder to avoid disagreements. The decisions on whether psychological tests can be used, whether stress interviews are necessary or whether it is better to prefer an in-depth interview remain with the owner of the enterprise.
Should a company owner control the CEO's performance of duties?
Control by the owner of the company is a prerequisite for effective business management. It helps to avoid possible mistakes and violations by the CEO.
It is important to note that the responsibilities of the CEO of the enterprise may change in accordance with the chosen strategy of the organization. The manager manages all business processes of the enterprise, but the owner must still constantly monitor its activities to ensure the efficiency of the company.