Indemnification Payment

Applicable in some European countries (e.g, France, Spain). Statutory payment of a certain percentage of total wage earned by a temporary worker (assigned by a temporary agency) or temporary employee (hired directly by the user company), in order to compensate (indemnify) the individual for being assigned in an unstable job, and respectively out of work when the assignment ends. Also known as Précarité (France), Precariedad (Spain), or Precarietà (Italy).

Source: Staffing Industry Analysts

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