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