How the final settlement is calculated

The final settlement gathers amounts already accrued: current salary, pending bonus payments, unused holiday, notice and, where the exit type allows it, severance. The calculator works in gross amounts because withholding depends on your personal tax and payroll position.

The formula uses ordinary monthly salary, a 30-day daily salary and proportional accrual. If you have 14 payments, it calculates the share of the bonus period that contains your termination date. If your agreement uses a different structure, compare the result with your payslip.

Worked example

Laura earns €30,000 gross in 14 payments, leaves on 15 September and has taken 10 holiday days. The calculator adds 15 salary days, the Christmas bonus accrued since July and holiday accrued to that date. If she gave full notice, nothing is deducted.

What it does not include

It does not include complex variable pay, garnishments, advances, agreement-specific deductions not entered here or net pay. To estimate net pay, use NetoReal’s gross-to-net salary tool.

Other questions

Is the final settlement gross or net?

The calculator shows gross amounts. Net pay depends on tax, contributions and payroll.

Does it include severance?

Yes, when you choose an exit type that can legally generate severance.

What if I took too much holiday?

The calculator warns you and does not deduct it unless you review your agreement or payslip.

Does it work for every collective agreement?

It gives a general base. An agreement may change notice, supplements or payments.

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