Result
Severance pay amount
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This calculation is for informational purposes only and does not replace advice from a qualified professional. Formulas and rates may not fit your exact situation — double-check the figures before making decisions.
How it is calculated
Severance pay = average monthly earnings × number of months of severance. The formula itself is a simple multiplication — all the real complexity is in how many months (or weeks) an employee is owed, which depends on the reason for termination (layoff, business closure, mutual agreement) and a specific country's labor law.
That's why the number of months here is an editable field rather than a built-in standard: minimum guarantees vary a lot between countries and even between reasons for termination within the same country, and any figure baked into the calculator would only be correct for one specific case.
Average monthly earnings for this calculation is usually computed on the same principles as average daily earnings for vacation pay — over a set reference period, not simply the salary on the termination date.