Severance Pay Calculator
The severance pay calculator allows an employee or employer in Ontario British Columbia or Alberta provincially or federally regulated to understand their rights and obligations and find out how much severance pay is owed. Then multiply this pay rate by the number of weeks. How To Calculate Severance Pay 7 Steps With Pictures Wikihow 1411 x 52 73372. Severance pay calculator . Redundancy pay entitlements When an employees job is made redundant their employer has to give them redundancy pay also known as severance pay. Redundancy pay doesnt need to be paid in some circumstances eg. Employees who are covered by the ESA and who have at least five years employment with their employer are entitled to severance pay when their employment is severed if. Of years with company X 2 weeks of regular pay Severance pay total. Years of employment x Average gross monthly salary This is how we determine the years of employment. If you have been at the company for 10 years your severance pa...