ESSpain Severance Pay EstatutoFinance & Salary

Spain Severance Pay & Redundancy Calculator 2026 (Indemnización por Despido)

Calculate statutory employment termination severance pay and redundancy settlements in Spain under the Workers' Statute (Estatuto de los Trabajadores): Unfair Dismissal (33 days/year, max 24 months) and Objective Dismissal (20 days/year, max 12 months) in EUR (€).

Calculated Result

Total Statutory Severance Payout

€0

Calculator Inputs

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years
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Calculation Methodology

Daily Wage = Annual Gross Wage / 365 days. Unfair Dismissal (Despido Improcedente) = Daily Wage * 33 days * Years worked (capped at 24 months). Objective Dismissal = Daily Wage * 20 days * Years worked (capped at 12 months).

Important Legal & Educational Disclaimer

This tool calculates statutory severance compensation under Spanish Labor Law (Estatuto de los Trabajadores). Accrued vacation days and prorated bonus payouts are settled separately in the final paycheck (finiquito).

This calculator is designed for educational and informational purposes only based on public statutory frameworks. The outputs do not constitute binding financial, tax, or legal advice. We assume no liability for decisions made based on these estimations. Always verify with the relevant official authorities or a certified professional advisor.

Frequently Asked Questions

For service periods after February 2012, employees are entitled to 33 days of salary per year of service, prorated by months, capped at a statutory ceiling of 24 monthly wages (720 days).

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