Job Security Provisions In The Labor Code No. 4857

"Job Security" is regulated under Article 18 et seq. of the Labor Act No. 4857 ("Labor Act"). The right of an employer to terminate an employment contract by giving prior notice to an employee is restricted by law for the purpose of protecting the job security of an employee.

Termination by Giving a Prior Notice

An employment contract with an indefinite term may be terminated if prior notice is given in accordance with Article 17 of the Labor Act. The Labor Act provides for different notice periods depending on an employee's seniority. Pursuant to Article 17:

"Following the receipt of written notice by either party, the contract of an employee will terminate as follows:

1. at the end of the second week, if the employment lasted less than six months;