Example with a period of 3 months or less of being released from notice
Current employment
You are employed in Bank Å with a monthly salary including fixed supplements of DKK 42,000.
You are terminated and released from notice on 31 May, with 3 months’ notice, so you will resign on 31 August. I.e. your period of being released from notice runs from 1 June to 31 August, and you are entitled to minimum compensation of 3 months’ gross salary.
The gross monthly salary in Bank Å is calculated as follows:
Description | Amount |
Monthly salary + fixed supplements [e.g. salaried employee and specialist supplements] | DKK 42,000 |
The employer’s pension contribution [11.25%] | DKK 4,725 |
Free phone [the taxable value you deduct] | DKK 241 |
Free car [the taxable value you deduct] | DKK 0 |
Insurances* [the taxable value you deduct] | DKK 400 |
Total gross monthly salary | DKK 47,367 |
Total gross salary during the period of being released from notice | DKK 142,101 |
*Insurances refers to, e.g.: group life insurance, accident insurance, dental insurance and health insurance. This also includes other insurances where you deduct the taxable value.
New employment
You get a new job at Bank K on 1 July with a monthly salary including a fixed supplement of DKK 55,000.
The gross monthly salary in Bank K is as follows:
Calculation
It is essentially not relevant to use the calculator, because you are released from notice for 3 months or less, which means that you are entitled to salary from both Bank A and Bank K. This is because the employer terminating you is always obliged to pay you up to 3 months’ full salary [minimum compensation] regardless of whether you find a new job during the period of being released from notice.
The calculation of your total salary during the period of being released from notice is thus as follows:
Description | Amount |
Monthly salary + fixed supplements [e.g. salaried employee and specialist supplements] | DKK 55,000 |
The employer’s pension contribution [11.25%] | DKK 6,188 |
Free phone [the taxable value you deduct] | DKK 242 |
Free car [the taxable value you deduct] | DKK 0 |
Insurances* [the taxable value you deduct] | DKK 400 |
Total gross monthly salary in new job | DKK 61,830 |
Total gross monthly salary from the new job during the period of being released from notice [2 months July and August] | DKK 123,659 |
*Insurances refers to, e.g.: group life insurance, accident insurance, dental insurance and health insurance. This also includes other insurances where you deduct the taxable value.
Calculation
It is essentially not relevant to use the calculator, because you are released from notice for 3 months or less, which means that you are entitled to salary from both Bank A and Bank K. This is because the employer terminating you is always obliged to pay you up to 3 months’ full salary [minimum compensation] regardless of whether you find a new job during the period of being released from notice.
The calculation of your total salary during the period of being released from notice is thus as follows:
Description | Amount |
Gross salary from Bank Å during the period of being released from notice [June, July and August] |
DKK 142,101 |
Gross salary from Bank K during the period of being released from notice [2 months , July and August] |
DKK 123,659 |
Total gross salary during the period of being released from notice | DKK 265,760 |