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Calcimator

Severance Pay Calculator

Estimate severance pay based on years of service and salary. Calculate your severance package.

Inputs

years
$
weeks

Results

Severance Pay

$11,547.34

≈ 8 months of rent

Weeks of Pay10
Weekly Salary$1,154.73
How to Use This Calculator
  1. Enter your Monthly Salary and Years of Service at the company.
  2. Set the Weeks of Pay Per Year (typically 1-2 weeks) offered under the severance policy.
  3. Review the calculated Severance Pay, Weeks of Pay, and Weekly Salary.
  4. Compare severance totals across 1, 2, and 3 weeks-per-year policy scenarios in the bar chart.
  5. Use the scenario comparison to gauge whether the offered severance package is in line with common policies.

How the result changes with Years of Service

Years of ServiceSeverance Pay
5$11,547.34
18$41,570.44
33$76,212.47
45$103,926.10

What each input means

Years of Service
Number of years worked at the company.
Monthly Salary
Your monthly salary before taxes.
Weeks of Pay Per Year
Weeks of pay per year of service (typically 1-2 weeks).

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    Years of Service = 5, Monthly Salary = 5000, Weeks of Pay Per Year = 2 = 3 input(s) provided
  2. Calculate Severance Pay
    Severance Pay
    11547.34 = $11,547.34
  3. Calculate Weeks of Pay
    Weeks of Pay
    10 = 10
  4. Calculate Weekly Salary
    Weekly Salary
    1154.73 = $1,154.73

Engine last updated . Checked against 1 independently-derived test — how we verify calculators.

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