Severance Pay Calculator
Estimate your severance package based on years of service, salary, and common severance formulas.
Estimated Severance
Severance pay is compensation given to employees upon termination. There is no universal formula — it varies by company and country.
Common formulas:
- Standard: 1–2 weeks of pay per year of service
- Generous: 3–4 weeks of pay per year of service
- Executive: Often negotiated individually
Example: $80,000 salary, 5 years of service, 2 weeks per year: Weekly pay = $80,000 / 52 = $1,538.46 Severance = 5 × 2 × $1,538.46 = $15,384.62
Important: Severance is typically taxable income. Consult a tax professional for your specific situation.
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