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$Canada Labour Code / Provincial Employment Standards

Statutory Severance Pay Calculator

Calculate your statutory end-of-service gratuity, redundancy pay, or severance based on service tenure and last drawn basic salary.

Verified Against Canada Labour Code / Provincial Employment StandardsRuleset: Statutory Formula100% Free • No Sign Up Required
Regional Rules ActiveCurrency: CAD (C$)

Canada Statutory Calculator

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Employment Service & Salary

Basic wage excluding non-fixed allowances
C$
Full completed years
yrs
Additional months
mos
Statutory Eligibility Confirmed
Eligible under Canada Labour Code (requires at least 12 consecutive months of employment).

Estimated Statutory Severance Pay

Eligible

Calculated based on 60 months of service

Estimated Payout
C$2,538.07
Service Tenure
5y 0m
Governing Statute
Canada Labour Code / Provincial Employment Standards
Severance pay is taxable employment income in Canada, with options to transfer into an RRSP.

Calculation Breakdown

Summary in CAD

ComponentAmountShare
Last Drawn Monthly Basic Salary
C$5,500.00Salary Basis
Completed Service Duration
5 yrs, 0 mos60 months
Statutory Eligibility Status
EligibleEligible under Canada Labour Code (requires at least 12 consecutive months of employment).
Estimated Statutory Severance Pay
C$2,538.07Severance = 2 Days Pay × 5 Years = C$2,538
Got Questions?

Frequently Asked Questions: Severance Pay

Details on statutory criteria, tax exemptions, and payout formulas.

Severance = 2 Days Pay × 5 Years = C$2,538

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