Financial Analyst Severance Pay: 2026 Guide
Financial Analysts typically receive 1-3 weeks per year of service. Calculate your estimated package below.
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Typical Financial Analyst Severance Range
Financial analysts at banks, asset managers, and corporate finance teams typically receive structured severance packages. Entry to mid-level analysts can expect 1-3 weeks per year of service, with packages improving at VP level and above. Financial analysts should focus on prorated bonus negotiation, as bonuses often represent 20-50% of total compensation.
Based on $85,000 average salary, 5 years of service
How Financial Analyst Compares to Finance & Banking Average
Top Companies Hiring Financial Analysts
Severance packages at major employers for financial analyst roles:
| Company | Severance Formula | Rating |
|---|---|---|
| Goldman Sachs | Typically 1-2 months per year of service; MDs get more | Generous |
| JPMorgan Chase | 2 weeks per year of service (minimum 4 weeks, maximum 26 weeks) | Standard |
| Morgan Stanley | 2 weeks per year (similar to JPMorgan structure) | Standard |
| Bank of America | 2 weeks per year of service + transition support | Standard |
| Citigroup | Based on tenure and level; typically 2-6 months | Standard |
Financial Analyst Severance After Tax by State
Top states for financial analyst roles. Same package, different take-home.
| State | State Tax | Total Tax | After-Tax (on $16,346) |
|---|---|---|---|
| New York | 10.9% | 32.9% | $10,968 |
| Connecticut | 7.0% | 29.0% | $11,607 |
| New Jersey | 10.8% | 32.8% | $10,993 |
| Illinois | 5.0% | 27.0% | $11,941 |
| Massachusetts | 9.0% | 31.0% | $11,279 |
| Texas | 0.0% | 22.0% | $12,750 |
Negotiating Financial Analyst Severance
Role-specific strategies for financial analyst severance negotiation:
- βPush for prorated annual bonus β this is standard in banking and can be significant
- βNegotiate for CFA/CPA exam fee reimbursement continuation
- βAsk for Bloomberg terminal access extension for job search
- βRequest a positive reference from your group head or division manager
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Financial Analyst Severance FAQ
How much severance does a financial analyst typically get?βΌ
Financial Analysts typically receive 1-3 weeks of pay per year of service. With an average salary of $85,000, a financial analyst with 5 years of service would typically receive $16,346 (before tax).
Can a financial analyst negotiate their severance?βΌ
Absolutely. Financial Analyst severance packages are almost always negotiable. An employment lawyer experienced in finance & banking can typically negotiate 2-5x the initial offer. Focus on role-specific benefits like push for prorated annual bonus β this is standard in banking and can be significant.
What should a financial analyst prioritize in severance?βΌ
Beyond cash, financial analysts should prioritize: extended health coverage (COBRA costs $600-2,000/month), equity/stock acceleration, outplacement services, and a positive written reference. For finance & banking roles specifically, also focus on professional certification maintenance and industry-specific benefits.
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