Severance Pay Calculator
Accurately calculate your statutory severance pay and daily average wage based on the Labor Standards Act using your 3-month gross salary, annual bonus, unused annual leave, and total employment days.
Start Date
Retirement Date
* Retirement date is the day following your last working day.
3-Month Total Salary₩
Total base salary and fixed allowances received in the 3 months prior to retirement.
Annual Total Bonus₩
Total bonuses and incentives received over the prior 1 year. (1/4 proportionally applied)
Unused Annual Leave Allowance₩
Allowance paid for unused annual leaves over the prior 1 year. (1/4 proportionally applied)
* Applicable for continuous service of 1 year or more. Actual payouts may vary by company policy and ordinary wage standards.