Severance Package Calculator
Estimate your severance package based on salary, years of service, and company policy. Includes statutory minimum and common multipliers.
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How to use this tool?
How to Use the Severance Package Calculator
- Enter your Annual Salary (e.g., 60000). Use a positive number.
- Enter your Years of Service (e.g., 5). You can use decimals (e.g., 3.5).
- Select Weeks Pay Per Year of Service from the dropdown:
- 1 week = Statutory minimum
- 2–4 weeks = More generous packages
- Click "Calculate Severance" or press Enter.
The result shows your estimated severance amount and a breakdown of the calculation: Weekly Pay × Weeks per Year × Years of Service.
All amounts are in US dollars. Inputs must be zero or positive.
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Frequently Asked Questions
A severance package is compensation provided by an employer to an employee upon termination, often based on salary and years of service.
Typically, severance is calculated as: (Annual Salary / 52) × Weeks of Pay per Year of Service × Years of Service. The weeks per year vary by company policy.
No, this calculator provides an estimate only. Actual severance may differ based on your employment contract, local laws, and negotiations.