Severance Pay Calculator
Calculate estimated severance pay with gross wage, years/months/days, ceiling and stamp duty rate.
Formula
Gross severance = min(dressed gross wage, ceiling) × (years + months/12 + days/365). Net = gross - stamp duty.
Source / method note
Since the severance pay ceiling, entitlement conditions and deduction rates may change periodically, they are left as user input.
Legal / official rate note
This tool is for estimated information purposes. For an exact calculation, employment contract, payroll, reason for termination and current legislation should be taken as a basis.
