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Tax & Pay · United States

Severance and Redundancy Pay Calculator

Updated on 22 Oct 2026 · Checked by Aotob

After 10 years on $900 a week you’d get $18,000 at 2 weeks per year.

There is no statutory amount here; enter your employer’s policy.

Age at the date of redundancy

Gross weekly pay

Weeks of pay per year of service in your contract or policy

Severance pay

$18,000

At 2 weeks a year (company policy)$18,000
In months of pay4.6

US law doesn’t require severance; it comes from your contract or company policy, often 1 to 2 weeks per year. It is taxed as wages.

Show the working

2 × 10 × 900 = 18,000

What people ask next

By years of service

YearsPolicy
23,600
59,000
1018,000
1527,000
2036,000
2545,000

Questions people ask

How is UK statutory redundancy pay worked out?

Half a week’s pay for each year under 22, one week for each year aged 22 to 40, and one and a half weeks for each year aged 41 or over, up to 20 years, with a week’s pay capped at £751 (from April 2026).

What about Ireland and Australia?

Ireland: 2 weeks’ pay per year plus 1 week, with pay capped at €600 a week, after 2 years. Australia: 4 to 16 weeks depending on service under the National Employment Standards.

Is redundancy pay taxed?

In the UK the first £30,000 is tax-free. Ireland has tax-free basic and increased exemptions. In the US severance is taxed as wages.

Updated 22 Oct 2026Source: UK Employment Rights Act, Irish Redundancy Payments Acts, Australian Fair Work ActChecked by AotobNot legal advice; your contract may pay more.Report an issue