Calculate your statutory severance pay under the Kenyan Employment Act for redundancy, layoffs, or restructuring.
ENTER MONTHLY SALARY
KES
ENTER YEARS OF SERVICE
YEARS
TOTAL SEVERANCE PAY
KES 20,000
What is Severance Pay ?When a company needs to let go of employees due to factors outside of the employees' control, such as corporate restructuring or downsizing, severance pay is offered as compensation. The amount of severance pay is determined by the length of time an employee has worked for the company. According to the Employment Act (2007), the minimum severance pay is equivalent to 15 days of wages for each full year of service completed by the employee.