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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