How this number is made
Severance written as weeks of pay is that weekly amount times the weeks. Some packages add benefits continuation or a bonus. Those are not in the weekly pay unless you fold them in. Tax withholding on a lump sum can be higher than a normal check and is not estimated here.
- Weekly pay is the gross the agreement uses, not take-home.
- Weeks are the weeks the offer actually names.
Formula
Severance = weekly pay × weeks.
Worked example
With the figures already in the form, gross severance is $14,400.
Questions
Should I divide my salary by 52?
Only if the agreement defines a week that way. Some use a pay period instead.
Does signing change the number?
The amount is whatever the release says. This page cannot see the release.