Notice Period Buyout Calculator

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The Notice Period Buyout Calculator helps employees and employers estimate the amount payable for the unserved portion of a notice period. It calculates the remaining notice days, daily salary rate, estimated buyout amount, deductions or recoveries, and the final estimated buyout amount.

How to Use It?

  1. Enter the employee and company details.
  2. Enter the required notice period, notice days served, applicable monthly salary, and salary-divisor days.
  3. The calculator determines the remaining notice days and daily salary rate.
  4. Review the estimated buyout amount and enter any applicable deductions, recoveries, or credits.
  5. Review the final calculation and print/save it as PDF or download the data for Excel.

Who Can Use It?

It can be useful for employees, HR departments, payroll teams, employers, and small businesses when estimating notice-period buyout amounts.

Note: The result is an estimate. Actual notice-period settlement rules, salary components, and divisor days can vary according to the employment contract and applicable company or local policies.

Employee & Company Details
Notice Period & Salary

Use the divisor specified by your employment agreement or company policy. This calculator provides an estimate only.

Adjustments
Buyout Calculation

Remaining days = required notice − served notice. Daily rate = monthly applicable salary ÷ salary divisor.

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