Severance pay calculator

Estimate Korean retirement allowance using average wage for the last 3 months and your total service period.

Employment start date

Last working day

Enter your final actual day of work. Your total service period is calculated from your start date through this day.

Monthly salary (pre-tax)

₩

Enter your monthly pre-tax salary. The calculator multiplies this by 3 for the average wage base.

Annual bonus paid in last 12 months

₩

If you received bonuses during the last 12 months, the calculator adds 3/12 of that amount to the average wage base.

Unused annual leave allowance

₩

Enter eligible unused annual leave pay. The calculator adds 3/12 of this amount to the average wage base.

- This severance calculator is an estimate for reference only. Actual retirement allowance can vary based on payroll structure, excluded periods, and legal interpretation.
- Korea’s standard formula is retirement allowance = 30 days of wage × total service days / 365, with average wage generally based on the final 3 months.
- Official references: Ministry of Employment and Labor guidance on annual leave inclusion / Ministry guidance on ordinary wage fallback