Free PTO Payout calculator with clear step-by-step results.
Converts salary into a daily rate using actual working days rather than calendar days, applies the payable cap, and shows separately the value of any accrued days that exceed it - which is the figure that should drive whether you take the leave instead of banking it.
Daily rate
Rate = annual salary / working days per year
Gross payout
Gross = min(accrued days, payable cap) x daily rate
Not legal or tax advice. Entitlement to payment for accrued leave, carry-over limits and the tax treatment of payouts are set by employment law, contract and local tax rules.
No. Some jurisdictions require payment of statutory accrued leave on termination, others permit use-it-or-lose-it policies for contractual leave above the statutory minimum. Contract and local law both matter.
A lump-sum payout stacks on top of final-period pay and is often taxed at the top marginal rate, sometimes with a flat supplemental withholding rate applied.