Last reviewed 22 Apr 2026
Severance checklist in India
Use this checklist to review a severance offer more carefully before you accept it or build your next financial plan around it.
Review the number and the timing
A severance figure is only useful when you also understand when it will be paid and what else is or is not included. Look beyond the headline amount.
Use this checklist
- Is the severance amount written clearly?
- Is it salary-based, ex-gratia, or a mix?
- Does it include or exclude notice pay?
- Is leave encashment separate?
- Are bonuses or reimbursements addressed?
- When will payment happen?
Look for practical gaps
Some packages sound generous at first but leave key details vague. If you cannot tell whether the number is gross or net, or whether it includes items you expected separately, treat the offer as incomplete until clarified.
Frequently asked questions
What should I compare in a severance package?
Compare the severance amount, salary continuation terms, notice treatment, leave payout, benefits treatment, and payment timeline.
Can severance affect my runway planning?
Yes. Severance can materially extend your runway, but only if the amount and payment timing are reasonably clear.
Related tools and resources
Keep moving from explanation toward action with the next most relevant guides.
Tool
Severance Calculator
Estimate a likely severance payout using monthly salary, years worked, and the severance policy your employer is following.
Tool
Emergency Runway Calculator
Estimate how long your savings and expected severance may support your monthly commitments after job loss or resignation.
Updated 22 Apr 2026
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