Final pay and severance: what you are owed
Pro-rata Christmas bonus, holiday, holiday premium and compensation, from your start and leaving dates.
Calculator inputs
Results
Enter your values and press “Calculate” to see the result.
Data updated 2026-09-27 · Indicative result: it does not replace professional advice
In short
- What it calculates
- Pro-rata Christmas bonus, holiday, holiday premium and compensation, from your start and leaving dates.
- Formula used
Daily salary = monthly salary ÷ 30- Example
- A salary of $18,000, from 15/06/2021 to 20/09/2026, unfair dismissal, 10 holiday days owed:
Mexico severance calculator
Final pay and severance are not the same thing, and mixing them up costs money: final pay is what you are always owed; severance adds compensation, and only applies if the dismissal was unfair.
Enter both dates and pick the reason.
How it works
The pro-rata Christmas bonus counts from 1 January of the year you leave, not from the day you joined. Holiday is paid for the days never taken, with a 25% premium on top.
Unfair dismissal compensation is three months of salary plus twenty days for each year of service.
Formula
Daily salary = monthly salary ÷ 30
Pro-rata bonus = daily × 15 × (days this year ÷ 365)
Holiday = daily × days untaken
Premium = holiday × 25%
Compensation = daily × 90 + daily × 20 × years
Worked example
A salary of $18,000, from 15/06/2021 to 20/09/2026, unfair dismissal, 10 holiday days owed:
Daily salary: $600
Pro-rata bonus: $6,460.27
Holiday: $6,000 · premium: $1,500
Compensation: $117,221.92
Total: $131,182.19
Explanation
The difference between the two words is the whole point. <b>Final pay</b> is always due, whether you resign or are dismissed: it is what you had already earned and not yet been paid. <b>Severance</b> only applies when the dismissal is unfair, and it compensates the loss of the job.
Annual holiday entitlement rose with the 2023 reform: twelve days in the first year, two more each year up to twenty in the fifth, then two more every five years. The tool shows what your service entitles you to, though what gets paid is what you did not take.
It leaves out the seniority premium, which is twelve days a year with the salary capped at twice the minimum wage and only due in certain cases, and the tax withheld on the taxable parts.
Frequently asked questions
What is the difference between final pay and severance?
Final pay is owed in every case: pro-rata bonus, holiday and premium. Severance adds compensation for unfair dismissal.
Do I get compensation if I resign?
No. On resigning you get your final pay, but not the three months or the twenty days per year.
How much is the compensation?
Three months of salary plus twenty days for each year worked, when the dismissal is unfair.
How many holiday days am I entitled to?
Twelve in the first year and two more each year up to twenty in the fifth; after that, two more every five years. That has been the law since 2023.
Need to calculate something else?
These tools are often used alongside this calculator.
Net salary MX
What is left of a Mexican salary after income tax, the employment subsidy and social security.
Christmas bonus
The Mexican Christmas bonus by days worked, with the tax-free share and the tax on the rest.
Days between dates
Count the days, weeks and months separating any two dates.
Annual salary
Convert your monthly pay into an annual figure, extra payments included.
Severance CO
Severance fund, interest, bonus, holiday pay and dismissal compensation when a contract ends, itemised.
Chile finiquito
Proportional holiday, severance for years of service and pay in lieu of notice when a contract ends, each…