Estimate your severance package value based on years of service, salary, and company policy. Know what to expect before negotiating.
10 weeks of pay + PTO
| Weekly Pay | $1,538.46 |
| Severance Weeks | 10 weeks |
| Severance Pay | $15,384.62 |
| Unused PTO Payout | $3,076.92 |
| Total Package (gross) | $18,461.54 |
| Est. After-Tax (28% rate) | $13,292.31 |
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Severance = (Annual Salary รท 52) ร (Years ร Weeks/Year)
PTO Payout = (Annual Salary รท Work Days) ร Unused PTO
Total Package = Severance + PTO Payout
Most companies offer 1โ2 weeks of pay per year of service. Some executive packages offer 1 month per year.
Yes, severance pay is taxable income. It is subject to federal and state income tax, Social Security, and Medicare taxes.
Yes. Severance is often negotiable, especially for longer-tenured employees or those in senior roles. Consider consulting an employment attorney.
Severance typically includes base pay continuation, health insurance (COBRA), outplacement services, and sometimes accelerated vesting of equity.
Calculations are for educational purposes only. Consult a qualified financial advisor for personalized advice.