Severance Pay Calculator Online

Spluxly’s free online Severance Pay Calculator is a comprehensive employment termination tool designed for employees, HR professionals, and anyone who needs to estimate the total compensation payable upon the end of an employment contract. Severance pay entitlements depend on a combination of factors including the employee’s monthly gross salary, total years of service, contract type, reason for termination, accumulated unused vacation days, notice period compliance, and whether proportional bonus payments are included in the final settlement. Enter your monthly gross salary, years of service, accumulated vacation days, contract type — Permanent, Temporary, Internship, or Training — and termination reason — Unfair Dismissal, Fair Dismissal, Objective Dismissal, Voluntary Resignation, or End of Contract — and the calculator instantly computes the severance payment based on applicable days-per-year multipliers for the termination type, the final settlement covering proportional pending payments, and the total compensation to receive. A detailed breakdown table presents every component of the calculation individually for complete transparency. Whether you are verifying an employer’s termination offer, planning a voluntary resignation, or simply understanding your entitlements before a potential redundancy, this calculator gives you a reliable estimate in seconds. Completely free, no registration required.

How to Use the Severance Pay Calculator Online

Calculating your severance pay takes just seconds. Follow these simple steps:

• Enter Monthly Salary – Type your gross monthly salary (e.g., €2,500) into the monthly salary field
• Enter Years of Service – Type the total number of years you have worked at the company (e.g., 5); decimals are accepted for partial years
• Enter Accumulated Vacation Days – Type the number of unused vacation days you are owed at termination (e.g., 12)
• Select Contract Type – Choose your employment contract type from the dropdown: Permanent, Temporary, Internship, or Training
• Select Termination Reason – Choose the reason for the contract ending from the dropdown: Unfair Dismissal, Fair Dismissal, Objective Dismissal, Voluntary Resignation, or End of Contract
• Enter Days Without Notice – Type the number of days the employer failed to give proper advance notice of dismissal (e.g., 15); enter 0 if full notice was provided
• Select Include Settlement – Choose Yes to include proportional pending payments (pro-rated bonus, vacation pay) in the total, or No for the base severance only
• Enter Number of Bonus Payments – Type the number of annual bonus payments your contract includes (e.g., 2 for the standard double payment structure)
• Click Calculate Severance – Instantly receive your severance payment amount, final settlement amount, total compensation to receive, and a detailed breakdown of every component
• Click Reset (optional) – Clear all inputs and return to defaults to start a fresh calculation

How Severance Pay Is Calculated

Severance pay is calculated based on a daily wage rate multiplied by a days-per-year figure determined by the termination reason, applied to the total years of service.

Daily Wage Rate: Daily Rate = (Monthly Salary × 12) ÷ 365

Severance Payment by Termination Type:

Severance Formula: Severance Payment = Daily Rate × Days per Year × Years of Service

Example for a permanent employee with €2,500 monthly salary, 5 years of service, unfairly dismissed:

• Daily Rate: (€2,500 × 12) ÷ 365 = €82.19 per day
• Severance: €82.19 × 33 × 5 = €13,561.64

Final Settlement Components (when included):

• Pro-rated current month salary for days worked
• Proportional vacation pay for unused accumulated days
• Proportional bonus payment for the current year based on months worked
• Compensation for days without advance notice at the daily rate

Total to Receive: Total = Severance Payment + Final Settlement Components

Why Use Spluxly’s Severance Pay Calculator?

• Five Termination Types – Applies the correct days-per-year multiplier for each of the five termination scenarios — Unfair Dismissal, Fair Dismissal, Objective Dismissal, Voluntary Resignation, and End of Contract — ensuring the severance calculation reflects the applicable statutory entitlement for each situation
• Four Contract Types – Supports Permanent, Temporary, Internship, and Training contract classifications, acknowledging that different employment structures carry different termination entitlements under labour law
• Final Settlement Inclusion – An optional toggle includes proportional pending payments — pro-rated salary, unused vacation pay, and partial bonus — in the total compensation figure for a complete termination package estimate beyond the base severance amount
• Notice Period Compensation – A dedicated field for days without proper notice calculates additional compensation owed when the employer failed to provide the legally required advance notice of termination
• Detailed Breakdown Table – Every result includes a line-by-line breakdown of each compensation component — severance, vacation pay, pro-rated salary, bonus, and notice compensation — making the total immediately verifiable and understandable
• Decimal Years of Service – Accepts decimal values for years of service (e.g., 3.5 years) for accurate calculations when termination occurs mid-year rather than on a whole-year anniversary
• 100% Free & Instant – No registration, no fees — your severance payment, final settlement, total compensation, and detailed breakdown delivered in seconds