What Is a PTO Payout?
Paid Time Off (PTO) payout is the cash value of vacation or paid leave hours you have earned but not used. Many employers pay out unused PTO when you leave a job, and some allow cash-outs during employment. This calculator gives you a quick estimate of the gross dollar value of your accrued PTO based on your hourly rate.
How to Use It
Enter the number of unused PTO hours you have accrued and your hourly pay rate. The calculator multiplies the two to show your gross payout. If you are salaried, convert your annual salary to an hourly rate first: divide your annual salary by your total yearly work hours (typically 2,080 for full-time).
The Formula Explained
The calculation is straightforward:
Worked Example
Suppose you are leaving a job with 120 hours of unused vacation and earn 30 per hour. Your estimated payout is 120 × 30 =3,600 gross. After typical withholding, your take-home amount will be lower.
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