Severance Calculator

Calculates an employee's entitlements when employment ends: severance pay, service appreciation pay, and entitlement compensation, along with their tax treatment.

Only payroll permission holders can open it.

What to enter

Field	What it holds
Employee name	Used only on the printed sheet; it does not affect the figures
Monthly wage	The basis for the whole calculation
Reason employment is ending	The field that decides the result — see below
Start date · End date	The bounds of the period of service
Remaining annual leave	The number of days paid out
Divisor for one day of leave	How many days the monthly wage is divided by to value a single leave day
Cost of returning to the place of hire	Included where it genuinely applies
Other entitlements under agreement	Extra entitlements from the employment agreement, company regulations, or a collective agreement
Separation pay	Paid on certain kinds of ending. Taxed outside the final severance rate
Holds a tax identification number	Affects the rate applied
Housing and medical compensation	Switch on where the employment agreement provides for it

The reason employment ends is the field that decides the result

It sets the severance multiplier, and that multiplier drives most of the final figure.

Changing this one choice can move the total owed dramatically — so make sure the reason is right before reading the result, not after.

What comes out

The calculator shows the net and gross totals, broken down into the three components — severance pay, service appreciation pay, and entitlement compensation — plus the basis the final tax is charged on.

The breakdown can be printed as a calculation sheet.

The result is an estimate for planning

Severance calculation involves provisions whose application depends on the employment agreement, company regulations, and any settlement reached.

Use the calculator's result to estimate the amount and prepare a budget. For figures that will go into an agreement, confirm with your labour consultant.

Severance tax is calculated separately

Severance carries a different tax treatment from monthly salary — it is final and tiered according to the amount.

The calculator shows the tiers, not just the total.