How to use this calculator
- Enter your monthly basic salary and your work schedule.
- Add any unpaid working days and unused leave days that convert to cash.
- Pick the months you worked this year and tick the box if you already received your 13th month pay.
- Choose the reason for leaving and enter your years of service if separation pay may apply.
- Read your estimated final pay total and the breakdown, then ask HR to confirm each item.
What is final pay and when do you get it?
Final pay, also called back pay, is the last payment from your employer after you leave. It usually includes unpaid salary, pro-rated 13th month pay, converted unused leave and other amounts you are owed, like a tax refund. Separation pay applies only in certain cases, such as redundancy or retrenchment.
Employers should generally release it within 30 days from your separation date, subject to clearance. Use this calculator to estimate the amount before your last day, so you can plan your next steps, whether that is a new job, a break or a savings plan.
After you receive it, use the savings goal calculator to plan the money, and read the 13th-month pay plan for budgeting ideas.
How final pay is estimated
- Unpaid salary: your daily rate times unpaid working days. The daily rate is monthly salary times 12 divided by 261 or 313.
- Pro-rated 13th month pay: monthly salary times months worked this year divided by 12, unless you already received it.
- Leave conversion: unused leave that your policy or the law converts to cash, paid at your daily rate.
- Separation pay: for redundancy or labor-saving devices, the higher of one month or one month per year of service. For retrenchment or closure without serious losses, the higher of one month or half a month per year. A fraction of at least six months counts as a year.
Tips to save more
- Ask HR for a written clearance checklist and a target release date.
- Keep your payslips and contract so you can check how amounts were computed.
- Plan a buffer of several months of expenses before changing jobs.
- Set aside part of your final pay for emergencies before you spend it.
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This calculator gives estimates for planning only. It is not financial, tax or legal advice. Confirm exact figures with your employer, bank, lender or the relevant government agency.