Severance Pay
Calculate severance pay based on employment dates, final gross wage and the legal ceiling.
The tool calculates based on the final gross wage basis and the severance ceiling valid on the termination date. You can include recurring transport, meal, bonus and similar continuous benefits in the monthly benefits field.
How is severance pay calculated?
Severance pay is calculated based on 30 days' wage for each full year of service using the employee's final gross wage basis. Remaining service is added proportionally by year, month and day. If the severance ceiling valid on the termination date is exceeded, the ceiling is used and only stamp tax is deducted.
Scope and assumptions
The tool uses the monthly average of regular and monetizable fringe benefits. Reinstatement cases, collective agreement differences, special court decisions, disputes about termination grounds and interest calculations are not included in this version.