Severance Pay Calculator
Severance pay (kidem tazminati) is a statutory payment owed to employees who have worked for at least one year and whose employment ends under qualifying conditions such as termination without cause, retirement, or military service.
The amount is calculated as 30 days' gross salary for each full year of service, subject to a government-set ceiling.
How Is Severance Pay Calculated?
Severance pay equals 30 days of gross salary per year of service. The gross salary includes base pay plus regular benefits. A government-set ceiling caps the per-year amount.
Qualifying Conditions
Employees must have at least one year of continuous service. Qualifying termination reasons include employer-initiated dismissal (except for cause), retirement, military service, and death.
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