Question 1

What is PTO payout?

Accepted Answer

PTO payout is a payment for unused paid time off when your employer policy or applicable rules allow it. This calculator estimates the gross dollar value before taxes and deductions.

Question 2

How do you calculate PTO payout?

Accepted Answer

Multiply eligible unused PTO hours by an hourly rate. Hourly employees can usually use their hourly wage. Salaried employees can estimate an hourly rate from annual salary divided by weekly hours and 52 weeks.

Question 3

Can I use my PTO balance from the PTO calculator here?

Accepted Answer

Yes. If you already estimated unused PTO hours with the quick PTO calculator or advanced PTO calculator, enter those hours as accrued PTO hours here.