How to calculate severance pay

Severance pay is one of the rules added as a deterrent to prevent the dismissal of workers while there is no valid reason when there is no valid reason.

Calculation of severance pay.

Severance pay = (the number of years of the worker) x (gross fee in the last month he worked.)

If the employment contract is specified, the items to be added to the gross wage as a fee supplement are as follows.

• bonuses,
• Help.
• Premiums,
• Case Compensation,

The upper limit of severance pay.

The amount of severance pay to be paid to the worker in exchange for a year of service cannot be more than the maximum retirement bonus to be paid for a year of service to the highest civil servant (Undersecretary of the Prime Ministry) subject to the Civil Servants Law.