
Severance Pay Calculator
For Foreign Workers in Korea
Note: This calculator follows the general method defined by the Employee Retirement Benefit Security Act.
The actual amount may vary depending on your working conditions, participation in a company pension plan (DC/DB), ordinary wage, etc.
Consult an expert or your HR department for an exact figure.
For the most accurate result, use “Enter total wages for the 3 months before resignation.”
Information for the 3 months prior to resignation:
If you receive regular bonuses, add 3/12 of the total bonus paid during the last year.
Example: resign on Mar-31 → Jan(31) + Feb(28/29) + Mar(31).