Resignation D-30: An 8-Year Veteran's Settlement
This is a summary of Korean tax and finance rules. The full article is available in Korean.Switch to Korean (KO)
An employee with 8 years of service is leaving their company. This scenario calculates their statutory severance pay based on average wages, unused annual leave compensation (15 base days plus seniority bonus), unemployment benefits (daily job-seeker allowance with a cap of KRW 68,100), and how the year-end tax settlement works for a partial year of employment. All amounts follow Korean Labor Standards Act and Employment Insurance Act provisions.
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All calculations use 2026 official Korean government rates. Amounts are in Korean Won (KRW). Input data never leaves your browser.