PTO Cost
Value paid time off in terms of your daily rate.
About PTO Cost
The annual salary divided by working days gives a daily rate, which multiplied by PTO days gives the cost of the benefit. Putting a price on PTO makes time-off benefits comparable across offers and highlights their real payroll weight.
Formula
PTO Cost
Daily = salary / workdays; PTO value = daily rate x days
- workdays per year
- Paid days actually worked, excluding weekends and public holidays
Worked example
With the default values below, PTO Cost returns Daily Rate of $250.00. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Annual salaryminimum 0
- 65,000
- PTO daysminimum 0 d
- 15 d
- Workdays per yearminimum 1 d
- 260 d
Results
- Daily Rate
- $250.00
- PTO Value
- $3,750.00
- Hourly Rate
- $31.25
Step by step
- 1Values used
- 2PTO Cost
- 3Daily Rate= 250.00
- 4PTO Value= 3,750.00
- 5Hourly Rate= 31.25
Assumptions and limits
- The result is derived only from the 3 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax or fees or charges into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Frequently Asked Questions
How is PTO Cost calculated?
Daily = salary / workdays; PTO value = daily rate x days The annual salary divided by working days gives a daily rate, which multiplied by PTO days gives the cost of the benefit.
Why does PTO Cost matter?
Putting a price on PTO makes time-off benefits comparable across offers and highlights their real payroll weight.
What values do I need to enter?
This calculator takes 3 inputs: Annual salary, PTO days, Workdays per year. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.