Severance Pay Calculator
Estimate severance pay based on salary, years of service, and company severance policy.
About This Calculator
Estimate severance pay based on salary, years of service, and company severance policy. Use the calculator above for instant results.
Worked Examples
- 10 weeks x $1,538/wk = $15,385
Answer: $15,385
- 16 weeks x $2,308/wk = $36,923
Answer: $36,923
- Minimum 4 weeks: 4 x $1,154 = $4,615
Answer: $4,615
Who Uses This Calculator?
Estimate expected severance.
Calculate client severance.
Communicate severance policy.
Model severance costs for RIF planning.
Common Mistakes to Avoid
❌ No legal right to severance
Most employees have no legal right to severance. It is a contractual or policy matter. Always review your employment agreement.
❌ Signing away rights for severance
Most severance agreements require signing a general release of claims. Consider consulting an employment attorney before signing.
Frequently Asked Questions
Is severance legally required?
Not federally. Some states have limited requirements. Severance is a policy/contractual matter. Review your offer letter and employee handbook.
Negotiate severance?
Yes — especially with longer tenure, specialized role, or potential legal claims. Companies often have room to increase initial offer.
Severance vs unemployment?
Receiving severance may delay unemployment eligibility in some states. File for unemployment when eligible after severance ends.