PTO Payout Calculator

Enter your unused PTO hours and hourly rate to find the PTO payout.

How it is calculated

The payout is plain multiplication: payout = pto_hours × hourly_rate. Hours are your unused, accrued paid time off, and the rate is your regular pay per hour, in one currency. The tool also shows the same balance in days, days = pto_hours ÷ 8, which assumes an 8-hour working day. If your day is 10 or 7.5 hours, convert days yourself. If your balance is recorded in days, multiply by your daily hours before entering. Zero hours or a zero rate returns zero; negative or empty fields give no result. The figure is gross pay, before income tax and payroll deductions, and it uses the rate you type with no overtime or shift premium. Whether an employer must pay out unused PTO at all depends on country, state and company policy.

Worked example

You are leaving a job with 84 hours of unused PTO and a regular rate of 28.50 an hour. Step 1: payout = 84 × 28.50 = $2,394.00. Step 2: in days, 84 ÷ 8 = 10.5 days. This is the gross amount, so tax and other deductions will reduce what you receive. If your employer pays out only up to a cap, for example 40 hours, enter 40 instead of 84 and the payout becomes 1140.

Try this example →

Common mistakes

  • Entering days in the hours field. A balance of 10.5 days is 84 hours on an 8-hour day, and typing 10.5 gives a payout of only a few hundred.
  • Assuming an 8-hour day when your schedule is different. The days line divides by 8, so it can disagree with your employer's day count.
  • Using salary divided by 2080 without checking the policy. Some employers pay the base rate only, others include certain premiums, so enter the rate your payroll actually uses.
  • Treating the result as the amount in your last paycheck. It is gross, and a lump-sum payout can be withheld at a higher tax rate.
  • Assuming the full balance is owed. Caps, forfeiture rules and local law may limit the paid-out hours.

About this calculator

A PTO payout is the cash value of an employee’s unused, accrued paid time off — vacation days, and in some states sick leave — that’s paid out as a lump sum, most commonly when an employee leaves the company, though some employers also allow a payout for unused balances above a certain cap at year-end. It’s calculated by multiplying the number of unused PTO hours or days by the employee’s regular hourly or daily rate of pay.

Whether an employer is legally required to pay out accrued PTO at termination varies significantly by state or country — some jurisdictions treat accrued PTO as earned wages that must be paid out, while others leave it to company policy — so this figure matters both to departing employees calculating their final paycheck and to HR and payroll teams budgeting for turnover costs.

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