What this calculator does
Many severance packages are based on a formula like "X weeks of pay per year of service." This calculator multiplies your years of service by your severance rate to estimate the total severance period, then projects the exact date your severance coverage would end from a chosen start date.
Worked example
With 5 years of service at 2 weeks per year, that's 10 weeksof severance. Starting coverage on September 2, 2026, that period ends onNovember 11, 2026.
Common mistakes
- Confusing severance with your final notice period. The two are often paid separately and calculated under different rules — check your specific package.
- Rounding years of service incorrectly. Some formulas round up any partial year to a full year; others prorate it — confirm which applies to your policy.
- Assuming a legal minimum applies everywhere. Many jurisdictions have no statutory severance requirement at all, making the payment entirely a matter of company policy or negotiation.