Severance payments in Azerbaijan
On termination of the employment contract on the grounds of liquidation of the enterprise or staff redunancies, an employer must pay an employee as follows, depending on the years of service:
- Less than one year: the amount of the average monthly salary.
- One to five years: at least 1.4 times the average monthly salary.
- Five to ten years: at least 1.7 times the average monthly salary.
- More than ten years: at least twice the average monthly salary.