Tools · Severance

Severance package
evaluator.

A severance offer has multiple components: weeks of pay, benefits continuation, equity acceleration, non-compete terms. This tool calculates the total value and highlights what is typically negotiable.

Zero if employer covers COBRA.
TOTAL PACKAGE VALUE
$0
BREAKDOWN
WHAT IS TYPICALLY NEGOTIABLE
NON-COMPETE RISK
BEFORE YOU SIGN
  • Request a review period. ADEA releases over age 40: 21 days + 7-day revocation ×DON'T TRUST, VERIFYClaim: Under the ADEA (Older Workers Benefit Protection Act), workers 40+ get 21 days to consider a severance release and 7 days to revoke after signing.Verify at: EEOC on ADEA ↗OWBPA amended ADEA. Group layoffs may extend to 45 days..
  • Have an employment attorney review before signing. $300-800 is cheap insurance.
  • File for unemployment. Can receive alongside severance in most states.
  • Continue health insurance via COBRA or ACA marketplace.
  • Roll over 401(k) to IRA to avoid losing track of it.
  • Update LinkedIn carefully; do not reveal dismissal details.
What this tool assumes
  • Weeks-of-pay figure is standard for most negotiable packages (2 weeks per year of service is common).
  • Lump-sum vs salary-continuance has different tax treatment in some states.

Not legal or financial advice. Non-compete enforceability varies significantly by state. California: nearly unenforceable. Florida: strongly enforced. Consult an employment attorney.

Related

→ Job Loss → Salary Negotiation → Financial Checklists → Equity Compensation
HOW THIS IS CALCULATED

This tool runs entirely in your browser — no data is sent to any server. All formulas use standard financial math. Verify the methodology or inspect the source code in your browser's dev tools.