Employee Severance Pay Calculator

Calculates estimated gross severance pay based on *your* inputs and defined policy rules. Taxes are not included.

Employee Pay & Length of Service

(Enter total years, including partial years like 5.5 for 5 years and 6 months.)

Severance Policy Rules

Define how severance pay is calculated according to the company policy.

Other Payouts (Annual)

Add any other lump-sum payments included with severance (e.g., unused vacation pay, bonus payout). Enter the **gross** amount for each.

Calculation Results

Enter details in the tabs above and click Calculate.

The Employee Severance Pay Calculator is a practical tool designed to help both employers and employees estimate severance pay accurately. Severance packages vary depending on factors such as length of service, salary, company policies, and applicable laws. This calculator simplifies the process by allowing you to input relevant details to calculate a fair severance amount.

By entering information like employee tenure, base salary, and any additional compensation or benefits, the tool provides a clear estimate of the severance pay an employee is entitled to receive upon termination or layoff. It helps ensure transparency and fairness during the separation process.

For employers, the calculator aids in budgeting severance costs and maintaining compliance with legal requirements. For employees, it offers clarity on expected compensation and assists in financial planning during employment transitions.

Using the Employee Severance Pay Calculator reduces disputes and misunderstandings by providing an objective, data-driven estimate based on common severance practices and relevant regulations. It supports smooth offboarding and fosters positive employer-employee relations even in difficult situations.

Whether you manage HR, payroll, or are facing job transition yourself, this tool is an essential resource for calculating severance pay efficiently and accurately.

Start using the Employee Severance Pay Calculator today to ensure fair severance payments and plan your next steps with confidence.

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