Severance Pay Calculator

📦 Severance Pay Calculator

Enter your start/end dates and recent 3-month wages to estimate severance pay under Korea's Labor Standards Act. (No statutory severance applies if tenure is under 1 year.)

Start Date

End Date

Total Wages, Last 3 Months (10,000 KRW units)The actual total received in the last 3 months, including base pay and allowances.

Total Bonus, Last 12 Months (10,000 KRW units)Use 0 if none.

Annual Leave Pay, Last 12 Months (10,000 KRW units)Use 0 if none.

Frequently Asked Questions

Is everyone entitled to severance pay?

Anyone who has worked at least 1 year continuously, averaging 15+ hours per week over 4 weeks, is entitled to severance pay regardless of employment type (full-time, contract, part-time).

By when must severance pay be paid?

In principle, within 14 days of the last day of employment, though this can be extended by mutual agreement.