There are 2 kinds of dismissals in Spain.
The legal dismissal, (procedente).
You are being dismissed due to a legal reason and you are in tittle to receive your settlement "finiquito" which is your last salary including the pending holidays, pending compensation days, your bonus from last month and the bonus you have earned in the current month, overtime etc.
You sign as received, and if there is an error in the calculation, you have 1 year to file a complain.
The illegal dismissal, (improcedente).
You are dismissed due to a reason that isn't totally correct, and/or the company cannot proof the reason given. Here you will be in tittle to receive not only the settlement "finiquito" but also a compensation for the illegal dismissal.
Sign the dismissal letter with "NO CONFORME", and then your signature.
You will not get your compensation paid before you have been in something called CMAC.
You have to file your complain about the disagreement with the dismissal within 20 working days (CMAC).
It is important that you go to CMAC, otherwise the compensation will be considered as a normal salary by the tax office, and you will have to pay extra taxes when you make your declaration.
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