Severance (finiquito) calculator
Estimate what a worker is owed when leaving voluntarily or by mutual agreement: pending salary days, proportional aguinaldo, unused vacation days, and vacation premium. Does not include wrongful-termination indemnization.
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Frequently Asked Questions
What is the difference between finiquito and liquidación?
Finiquito covers proportional benefits when employment ends without wrongful termination. Liquidación adds three months’ salary plus 20 days per year for unjustified dismissal.
How is finiquito calculated?
Daily wage = monthly salary ÷ 30. Proportional aguinaldo = (aguinaldo days ÷ 365) × daily wage × days worked in the year. Vacation pay = daily wage × unused days. Premium = vacation pay × percentage.
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