What does it mean word for word?
The phrase is composed of indemnización (compensation/indemnity) and por despido (due to dismissal/firing).
Which one should you use?
While Indemnización por despido is the standard term, other formal variations exist such as Pago de indemnización por despido, Pago por finiquito, Pago compensatorio por despido and Compensación por rescisión laboral. You might also see Resarcimiento por despido used to express compensation or reimbursement for dismissal.
Is it said differently in some regions?
In Spain, Indemnización por despido is commonly used for severance pay. In Mexico, Finiquito is a widely used term for a settlement payment or severance package. In Argentina, Indemnización laboral is a common phrase used to refer to severance payments.
How do you pronounce it?
/indemniθaθjon poɾ despido/
Did you know?
- The word despido comes from the verb despedir, which also means 'to say goodbye'. In this context, being 'fired' is linguistically framed as being 'sent away' or 'bid farewell' from the company.
- Spanish has a specific legal concept called despido improcedente, which is an 'unfair dismissal'. This status triggers a significantly higher indemnización than a 'fair' or 'objective' dismissal.
- In some Latin American countries, if an employer cannot pay the indemnización in cash, the law may allow them to offer shares or assets of the company as part of the severance package.
Examples in context
- El empleado tiene derecho a recibir el pago de indemnización por despido según lo establecido en el contrato laboral y la legislación vigente.The employee is entitled to receive the severance payment as established in the employment contract and current legislation.
- La empresa procedió a realizar el pago por finiquito dentro de los plazos estipulados.The company proceeded to make the settlement payment within the stipulated timeframe.
- Después de trabajar durante tantos años en la empresa, creo que merezco una adecuada compensación por despido.After working for so many years in the company, I believe I deserve proper severance pay.
- Cuando me despidieron, me dieron un buen pago de liquidación para que no tuviera problemas.When they fired me, they gave me a good severance payment to avoid any issues.
- El trabajador recibió una justa indemnización laboral de acuerdo con las leyes argentinas.The employee received fair severance pay according to Argentinean laws.
- Es importante tener claridad sobre la prestación por cese antes de finalizar el contrato.It is important to have clarity regarding the termination benefit before finalizing the contract.
- La indemnización por despido es muy alta.The severance payment is very high.
- ¿De cuánto es la indemnización por despido?How much is the severance payment?
- No recibí la indemnización por despido que me correspondía.I did not receive the severance payment I was owed.
Example conversation
Elena is discussing her recent job loss with Alejandro.
- AlejandroSiento mucho que perdieras tu empleo, Elena.I am very sorry that you lost your job, Elena.
- ElenaGracias, Alejandro, pero me preocupa la indemnización por despido.Thank you, Alejandro, but I am worried about the severance payment.
- Alejandro¿Ya hablaste con el abogado sobre eso?Have you already spoken to the lawyer about that?
- ElenaTodavía no, pero lo haré mañana.Not yet, but I will do it tomorrow.
Sources
- IPA marked “from spelling rules” is derived from standard Spanish spelling, where Wiktionary gives none.
