Free online tool to calculate potential redundancy payments based on US employment laws and company policies.
Our redundancy calculator is a comprehensive tool designed to help both employers and employees estimate severance payments during workforce reductions. It takes into account various factors including salary, length of service, state-specific regulations, and additional benefits to provide accurate estimates of potential redundancy payments.
Our redundancy calculator uses the latest US employment laws and standard industry practices to ensure accurate severance pay calculations.
Different states have different requirements for redundancy payments. Our calculator takes into account state-specific regulations.
Considers age, service length, salary, bonuses, vacation time, and WARN Act requirements for comprehensive calculations.
The redundancy calculator considers several important factors when computing severance payments:
| Factor | Impact on Calculation |
|---|---|
| Years of Service | Base calculation: 2-2.5 weeks of pay per year worked |
| Age | Additional 10% for workers aged 40+ (ADEA protection) |
| State Laws | Varying requirements by state (e.g., California offers enhanced protection) |
| WARN Act | 60 days additional pay for companies with 100+ employees |
| Benefits | COBRA coverage and unused vacation time consideration |
While our redundancy calculator provides estimates based on common practices and legal requirements, actual payments may vary based on:
Understanding your rights and entitlements during redundancy is crucial. We recommend consulting: