Slutlön

Slutlön is a term used primarily in Sweden to describe the final wage paid to an employee when their contractual relationship ends. It covers the employee's compensation for work performed up to the termination date and may include other payment components as agreed in the contract or by collective agreement.

Common components may include: earned wages for the last period, outstanding overtime, accrued vacation pay, and any reimbursed expenses or advances that have not yet been settled. Depending on the arrangement, severance pay or notice-pay may be considered part of the final settlement, but this is not automatic and depends on law or contract.

Timing: The final wage is typically paid on the last working day or shortly thereafter, often with the final payslip detailing the components. In many cases, the payment timing is governed by the employment contract, collective agreements, or local law; failure to pay can lead to legal claims.

Legal context: In Sweden, the rules come from employment law and collective agreements, such as the Employment Protection Act (LAS) and the Annual Leave Act, which influence how vacation pay and last pay are calculated. The exact calculation can vary by sector and contract.

See also: severance pay, vacation pay, final paycheck.