Severance Pay Estimator
Estimate severance pay based on weekly gross pay, years of service, and severance multiplier. For educational purposes only.
Results
What is it?
For informational/educational purposes only. Not legal advice. Consult a qualified attorney for your situation. Severance pay is compensation offered by an employer when terminating an employee. The amount depends on your weekly pay, length of service, and company policy or local law.
How to use
Enter your weekly gross pay, total years of service, and choose the severance multiplier that matches your employment contract or jurisdiction. The result is an estimate only � actual entitlements vary by country and company policy.
Example scenario
John earns $1,200/week and has 5 years of service. With a standard 1 week/year multiplier: 5 weeks � $1,200 = $6,000 estimated severance.
Pro tip
Severance is often negotiable, especially for senior employees. Review your employment contract and any applicable statutory minimum severance before agreeing to any package. Tax treatment of severance also varies � consult a tax professional.