Social Plan
A social plan is a document that outlines the social and economic consequences of company changes, such as layoffs. It describes what measures will be taken to support affected employees, such as severance pay or retraining programs. For example, a company that downsizes may offer financial assistance and training opportunities to its employees.
For residents in Germany or Austria, it’s important to know that a social plan is often part of a reconciliation of interests negotiated between the employer and the works council. Deadlines for submitting claims can vary, so affected employees should act quickly. Relevant sections include §§ 111, 112 BetrVG in Germany and similar regulations in Austrian labor law.
Related documents on DokBrief:
- Widerspruch gegen Jobcenter-Bescheid — Support for social benefits
