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Complete solutions for labor calculations
What is the Settlement Calculation?
The severance pay calculation is the process by which an employee is determined how much money they are entitled to upon termination of their employment contract. This severance pay includes all outstanding payments the company must make, such as severance pay, unused vacation days, and the proportional service bonus. It is a legal right that protects the employee and ensures they receive fair compensation for their time worked.


What is the Settlement Calculation?
The severance pay calculation is the process by which an employee is determined how much money they are entitled to upon termination of their employment contract. This severance pay includes all outstanding payments the company must make, such as severance pay, unused vacation days, and the proportional service bonus. It is a legal right that protects the employee and ensures they receive fair compensation for their time worked.
Our Services
Complete solutions for labor calculations
Final Settlement
Complete calculation of severance pay upon termination of employment contract. Calculation of proportional vacation pay and compensation. Calculation of proportional vacation pay and compensation.
Final Settlement
Complete calculation of severance pay upon termination of employment contract. Calculation of proportional vacation pay and compensation. Calculation of proportional vacation pay and compensation.
Final Settlement
Complete calculation of severance pay upon termination of employment contract. Calculation of proportional vacation pay and compensation. Calculation of proportional vacation pay and compensation.
Our Services
Complete solutions for labor calculations
|
Concept |
Percentage |
Calculation Basis |
|
Severance pay |
8.33% |
Monthly salary |
|
Severance pay |
8.33% |
Monthly salary |
|
Severance pay |
8.33% |
Monthly salary |
|
Severance pay |
8.33% |
Monthly salary |
Our Services
Complete solutions for labor calculations
1
What is it?
Understand what a severance package includes and when it applies.
2
What is it?
Understand what a severance package includes and when it applies.
3
What is it?
Understand what a severance package includes and when it applies.
4
What is it?
Understand what a severance package includes and when it applies.
Comparison with Other Tools
Discover why we are the best option to calculate your severance pay
|
Concept |
Percentage |
Calculation Basis |
Competitor B |
|
Severance pay |
✓ |
✓ |
✓ |
|
Severance pay |
✓ |
✓ |
✓ |
|
Severance pay |
✘ |
✘ |
✘ |
|
Severance pay |
✘ |
✘ |
✘ |
