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Money and Career Tools

Unemployment Benefit Estimate Calculator

Unemployment Benefit Estimate Calculator helps you estimate unemployment benefit references from eligibility and wage-style assumptions.

Before You Use
  • Finance, tax, salary, and settlement outputs are simple estimates from your inputs. Check official rules or a professional before filing, investing, borrowing, or contracting.
ToolRuns in the browser
Unemployment Benefit Estimate Calculator working example

Unemployment Benefit Estimate Calculator helps you estimate unemployment benefit references from eligibility and wage-style assumptions.

Runs in your browser
Sample result
Example Unemployment Benefit Estimate Calculator result
Daily benefit: 66,048 (floor applied)
Benefit days: 150
Total: 9,907,200
Next step: If you plan to return to work, compare with the early re-employment allowance calculator.
The interactive tool loads in this area when JavaScript is enabled.

How to use Unemployment Benefit Estimate Calculator

Estimates Korean unemployment benefit per day and in total from average pay before leaving, the leaving date, age group and insured period.

It applies the 2026 daily cap of KRW 68,100 and the floor of 80% of the KRW 10,320 minimum wage times daily contractual hours (66,048 for eight hours).

  • Enter the average gross monthly pay for the three months before leaving.
  • Choose the leaving date, age group (under 50, or 50 and over or disabled) and employment insurance period.
  • Part-time workers can change daily contractual hours in advanced settings to adjust the floor.
  • Review the daily benefit, number of benefit days, total estimate and the benefit-day table.

Useful for

  • Estimating benefits before leaving through contract expiry or a recommended resignation
  • Comparing remaining benefits with the early re-employment allowance when planning a new job

Limits and checks

  • Below roughly KRW 3.3-3.4 million a month, 60% of average wages falls under the floor, so the floor amount applies.
  • Benefit days rise at 1, 3, 5 and 10 insured years, and people aged 50 or older receive 30 more days.

Worked example

Worker earning KRW 3 million a month

Average monthly pay: 3,000,000
Leaving date: 2026-09-15
Age group: under 50
Insured period: 1 to under 3 years

Sixty percent of the average wage, about 58,695, is below the floor, so the floor applies.

Benefit estimate

Daily benefit: 66,048 (floor applied)
Benefit days: 150
Total: 9,907,200

Payments arrive in instalments on each recognition date and change if you work or earn income.

Common issues

Different salaries give the same daily amount

When 60% of average wages is below the floor, the floor applies to everyone. Check the '60% of average wage' row.

The result does not say whether I qualify

This tool only estimates amounts. Check eligibility such as 180 insured days in the last 18 months and involuntary separation on Work24.

How to interpret the result

Check whether the cap or the floor set the daily amount to see if salary changes matter.

Related workflow

If you plan to return to work, compare with the early re-employment allowance calculator.

Privacy and review notes

Pay, dates and age group are calculated locally in your browser and stored only in the page address for sharing; nothing is sent to ToolBada.

Basis and limitations

Basis

  • The tool applies user-entered amounts, periods, rates, and selected conditions to the calculation described on the page.
  • The displayed result is a reference estimate based on that tool's formula and stated input assumptions.

Limitations

  • Actual tax rules, deductions, exchange rates, fees, institution policies, and market prices can change by date and personal case.
  • Do not use the output as the final basis for filing, investing, borrowing, contracting, salary negotiation, or legal commitments.

Official check

  • Before filing or making financial decisions, verify with official agencies, financial institutions, exchanges, or qualified experts.

References and methodology

Review scope: We automatically check that the calculation basis and official source links are shown. No licensed medical, legal, or tax professional has reviewed this result individually, so confirm with the responsible agency or a professional before an important decision.

FAQ

What are the 2026 daily cap and floor?

The daily cap is KRW 68,100. The floor is 80% of the KRW 10,320 minimum wage times daily contractual hours, which is 66,048 for eight hours or about 1.98 million for 30 days.

How many days are paid?

Under 50: 120, 150, 180, 210 or 240 days by insured period. Aged 50 or older or disabled: 120, 180, 210, 240 or 270 days.

Can I receive benefits after resigning voluntarily?

Separation must generally be involuntary. Some voluntary resignations with justified reasons such as unpaid wages are accepted, so confirm with a job center.