Severance Pay Calculation

Less than 6 months: 2 weeks
6 months - 1.5 years: 4 weeks
1.5 - 3 years: 6 weeks
More than 3 years: 8 weeks

Severance Pay Calculation Formula

Daily Salary = (Gross Salary + Additional Payments) ÷ 30
Severance Pay = Daily Salary × Severance Duration (days)

Gross Salary

$

Working Hours (Year)

Year

Bonus

$

Overtime

$

Other Benefits

$

Enter the values, the result will be displayed.

Formula and Explanation