Korea Severance Pay Calculator

Everyone who works 15+ hours a week for at least one year in Korea is entitled to severance pay, including foreign workers.

How it works

Severance = average daily wage × 30 × (days of service ÷ 365). The average daily wage is the total pay for the last 3 months divided by the number of days (about 91).

The employer must pay within 14 days after you leave. Retirement income tax is usually very low.

Frequently asked questions

How much severance for 3 years at 3.2 million won a month?
About 9.5 million won before tax.
Do E-9 workers get severance?
Yes. Part is paid through departure guarantee insurance and the rest by the employer.
What if my employer does not pay?
File a complaint with the Ministry of Employment and Labor (1350, with interpreters).