Employees exercising authority inherent in the legal ownership of the company, who act independently and may be held fully accountable, limited only by the instructions and policies originating in the company’s management bodies, are deemed to be senior management personnel.
A relationship entered into between a senior manager and an employer is characterised as one of mutual trust between both parties, having regard to the senior manager’s singular position within the company, insofar as powers and authority are concerned.
Precisely due to these characteristics of the relationship between a senior manager and an employer, the existing laws allow the parties great leeway to arrive at agreements giving shape to the contents of that relationship.
Specialist advice should be obtained before taking or refraining from taking, action based on the contents of this site which is only intended as a brief note. If you require specific advice on any aspect of this section or on any other Spanish employment related matters, please contact any member of Bufete Gimenez Torres Employment Team.