Severance Pay Calculator
Severance total, tax and how long it lasts.
Enter your values
Enter the annual salary in $.
Enter the years of service you are working with.
Enter the weeks of pay per year of service you are working with.
Enter the maximum weeks (0 for none) you are working with.
Enter the unused leave days in days.
Enter the bonus or extras in $.
Enter the tax withheld on severance in %.
Enter the monthly expenses in $.
Results update instantly as you type — no submit needed. Your values are remembered on this device, and the shareable link reopens the calculator with exactly these numbers.
- Gross severance package
- $28,369.23
- After tax
- $19,858.46
- Weeks of pay
- 12
- Severance component
- $20,307.69
- Unused leave payout
- $4,061.54
- Months of expenses covered
- 4.7 months
- Weekly pay
- $1,692.31
Quick answer
Severance is usually quoted as weeks of pay per year of service; the practical question is how many months of expenses the after-tax amount covers.
Severance = weekly pay × weeks per year × years of service
At a glance
| What it does | Severance total, tax and how long it lasts. |
|---|---|
| Category | Finance |
| Inputs needed | Annual salary, Years of service, Weeks of pay per year of service, Maximum weeks (0 for none), Unused leave days, Bonus or extras, Tax withheld on severance, Monthly expenses |
| Main output | Gross severance package |
| Formula | Severance = weekly pay × weeks per year × years of service |
| Cost | Free — no sign-up, no download |
How to use the Severance Pay Calculator
- 1Enter your salary and complete years of service.
- 2Enter the weeks per year your policy or offer gives, and any cap.
- 3Add unused leave, bonus and the withholding rate.
Inputs explained
- Annual salary($)
- Enter the annual salary in $.
- Years of service
- Enter the years of service you are working with.
- Weeks of pay per year of service
- Enter the weeks of pay per year of service you are working with.
- Maximum weeks (0 for none)
- Enter the maximum weeks (0 for none) you are working with.
- Unused leave days(days)
- Enter the unused leave days in days.
- Bonus or extras($)
- Enter the bonus or extras in $.
- Tax withheld on severance(%)
- Enter the tax withheld on severance in %.
- Monthly expenses($)
- Enter the monthly expenses in $.
Worked example
Using the values the calculator loads with:
Inputs
- Annual salary88000 $
- Years of service6
- Weeks of pay per year of service2
- Maximum weeks (0 for none)26
- Unused leave days12 days
- Bonus or extras4000 $
- Tax withheld on severance30 %
- Monthly expenses4200 $
Results
- Gross severance package$28,369.23
- After tax$19,858.46
- Weeks of pay12
- Severance component$20,307.69
- Unused leave payout$4,061.54
- Months of expenses covered4.7 months
- Weekly pay$1,692.31
Frequently asked questions
Is severance negotiable?
Often yes — especially the notice period, benefits continuation, outplacement support and the timing of equity vesting, even when the formula itself is fixed.
How is severance taxed?
It is ordinary income. Lump sums are often withheld at a flat supplemental rate, which may be higher or lower than your actual bracket, so expect a reconciliation at tax time.
What do I need to enter into the Severance Pay Calculator?
Just 8 values: annual salary, years of service, weeks of pay per year of service, maximum weeks (0 for none), unused leave days, bonus or extras, tax withheld on severance, monthly expenses. Every field starts with a realistic example, so you can change one number at a time and watch the result update instantly.
How does the Severance Pay Calculator work out the answer?
Severance is usually quoted as weeks of pay per year of service; the practical question is how many months of expenses the after-tax amount covers. It applies the formula Severance = weekly pay × weeks per year × years of service and shows the working so you can check each step by hand.
Is the Severance Pay Calculator free, and do I need an account?
It is completely free with no sign-up, no download and no usage limit. Everything is calculated in your browser, so the numbers you type never leave your device.
Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.