Compare calculators
Both calculators run independently β change the inputs on either side to compare results.
Payroll
Severance Pay Calculator
Estimate the lump-sum severance payment you may receive based on your years of service, salary, and your employer's severance policy. Useful when evaluating a separation agreement or negotiating a package.
Fill in the required fields to see your result.
Payroll
Employee Cost Calculator
Estimate the true annual cost of hiring an employee beyond base salary. Accounts for health benefits, employer payroll taxes, unemployment insurance, workers' compensation, and overhead.
Fill in the required fields to see your result.
Key differences
| Severance Pay Calculator | Employee Cost Calculator | |
|---|---|---|
| Category | Payroll | Payroll |
| Inputs required | 5 | 6 |
| Result | Total Severance Pay ($) | Total Employee Cost ($) |
| What it does | Estimate the lump-sum severance payment you may receive based on your years of service, salary, and your employer's severance policy. Useful when evaluating a separation agreement or negotiating a package. | Estimate the true annual cost of hiring an employee beyond base salary. Accounts for health benefits, employer payroll taxes, unemployment insurance, workers' compensation, and overhead. |