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South Korea / Severance

Korea severance pay calculator

One month of average wage per year of service (퇴직금). Confirm the Labour Standards Act definition of average wage.

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Severance (1 month × years)

₩3,20,00,000

Common statutory pattern (Korea 퇴직금 and similar). Confirm your labour code and average-wage definition.

FAQ

Questions, answered

Is my salary or loan data uploaded?Open

No. The maths runs in this tab. Close the page and the numbers are gone.

Are the tax rates official?Open

They follow commonly published slabs for the current year, labelled as estimates. Confirm on the government site before you file.

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