Educational only: Work and pay decision support, not tax, legal, financial or career advice.
Privacy: No account is required. Tool inputs and results stay in this browser. Anonymous categorical usage analytics send only governed page, tool, cluster and action identifiers; tool inputs and results are never sent. Error monitoring is disabled. Optional saved state stays only on this device.
Update policy: Reviewed when formulas or official dependencies change.
Scope: Market-neutral work and pay planning using your own assumptions.
What this calculator helps you decide
Best for
Putting paid leave days and a proposed cash raise on one gross-pay basis.
Outputs
Paid time off value, daily pay, extra leave value and raise less extra leave value.
Start here
Enter annual pay, the paid schedule and the leave days you want to compare.
- Close-intent boundary
- Do not use this to compare a cash raise without valuing leave; use Pay Raise Calculator for the pay change, and determine statutory leave separately.
Compare benefits, equity and leave
Paid Time Off Value: paid time off value
Paid time off value, daily pay, extra leave value and raise less extra leave value.
Pay, schedule and leave
Enter the paid schedule and leave days you want to value.
Your numbers stay in this browser
Gross annual pay used to value working time.
Paid hours in a typical week.
Paid workdays in a typical week.
Paid leave days in the current package, visibly capped at scheduled annual workdays.
Extra leave and raise comparisonOpen the assumptions you are less likely to change on every comparison.
Paid weeks in the annual schedule.
Additional paid leave days, visibly capped at scheduled annual workdays.
Cash raise compared with extra leave value.
Calculated result
Paid leave and a proposed raise are compared on one gross daily-pay basis.
Use one currency consistently across all inputs.
Scenario comparison
Each row names the assumption axis changed from the baseline.
Save these results, change an input, then compare the updated figures with this baseline.
The baseline is temporary in this tab and is not added to shared scenario links or generated reports.
Calculation details
View calculation detailsView the formulas and inputs used for these results.
Annual paid time off value
paidTimeOffValueAnnual = dailyPay ร paidTimeOffDays6,000.00 currency unitsDaily pay multiplied by entered paid time off days. Displayed using the engine-rounded value.
Annual paid time off value formula โImplied daily pay
dailyPay = annualPay รท (workDaysPerWeek ร paidWeeksPerYear)300.00 currency unitsAnnual pay converted through the entered weekly schedule. Displayed using the engine-rounded value.
Implied daily pay formula โExtra leave value
extraPaidTimeOffValueAnnual = dailyPay ร extraPaidTimeOffDays1,500.00 currency unitsDaily pay multiplied by additional leave days. Displayed using the engine-rounded value.
Extra leave value formula โRaise less extra leave value
proposedRaiseLessExtraPaidTimeOffValue = proposedAnnualRaise โ extraPaidTimeOffValueAnnual1,500.00 currency unitsProposed annual raise minus extra leave value. Displayed using the engine-rounded value.
Raise less extra leave value formula โInputs used
- Annual pay
- 78,000.00 currency units
- Weekly hours
- 40
- Workdays per week
- 5
- Paid weeks per year
- 52
- Paid time off days
- 20
- Extra paid time off days
- 5
- Proposed annual raise
- 3,000.00 currency units
Open this calculator with preset values
This calculator supports documented, shareable scenario URLs. Compatible assistants and applications can construct links using the parameters below.
Scenario values are visible in the URL, calculations run in the browser, and optional saved state stays only on this device. Anyone you share the URL with can read those numbers, so do not include private or identifying data.
| Parameter | Meaning | Unit | Allowed values | Presence | Default |
|---|---|---|---|---|---|
| annualPay | Gross annual pay used to value working time. | currency units/year | 0.01 to 1000000000 | Required | 78000 |
| weeklyHours | Paid hours in a typical week. | hours/week | 0.25 to 168 | Required | 40 |
| workDaysPerWeek | Paid workdays in a typical week. | days/week | 1 to 7 | Required | 5 |
| paidWeeksPerYear | Paid weeks in the annual schedule. | weeks/year | 1 to 53 | Required | 52 |
| paidTimeOffDays | Paid leave days in the current package, visibly capped at scheduled annual workdays. | days/year | 0 to 371 | Required | 20 |
| extraPaidTimeOffDays | Additional paid leave days, visibly capped at scheduled annual workdays. | days/year | 0 to 371 | Required | 5 |
| proposedAnnualRaise | Cash raise compared with extra leave value. | currency units/year | 0 to 1000000000 | Required | 3000 |
Paid Time Off Value: paid time off value
Use leave value as a gross-pay equivalence, not as a measure of personal utility.
Formula summary
- Primary formula
- paidTimeOffValueAnnual = dailyPay ร paidTimeOffDays
Data used here
- The estimate uses your inputs and the work-value formula documented in the methodology.
Decision checks
Act on the result
Confirm the paid schedule and whether the leave can actually be used or carried over.
Stress-test the decision
Retest extra leave days and compare them with the proposed cash raise.
When this estimate can be misleading
- The tool does not apply statutory leave rules.
- Leave utility is not the same as gross pay value.
- Irregular schedules need an average day.
- Use leave value as a gross-pay equivalence, not as a measure of personal utility.
Educational estimate, not advice. See all assumptions & limitations โ
Related reading
Use these practical guides to interpret the decision and its assumptions.
- How to use the Paid Time off Value calculator
Translate entered paid leave days into gross pay value using the stated annual schedule.
Read guide
Frequently asked questions
What gross-pay value do these paid leave days represent compared with a raise?
Confirm the paid schedule and whether the leave can actually be used or carried over.
Which official source and period does this use?
This market-neutral tool does not use an official local policy rule.
Can I share or save a scenario?
Tool inputs and results stay in this browser. Anonymous categorical usage analytics send only governed page, tool, cluster and action identifiers; tool inputs and results are never sent. Error monitoring is disabled. Optional saved state stays only on this device.
What should stay consistent when I compare the options?
Keep the time basis, units and included costs consistent across options, then verify the assumptions that create the largest difference.