Cash value of unused vacation, sick and incentive leave.
What it's for
Find out how much cash your unused leave is worth when your employer pays it out, such as at the end of the year or when you leave.
Before you start
Have your monthly basic salary or daily rate, your leave balance for each kind of leave, and your company's policy on which leave is paid out.
Say what you know about your pay
Press I know my monthly salary and type it in Monthly basic salary, or press I know my daily rate and type it in Daily rate. Use plain digits, without commas.
Set your work week
With a monthly salary, pick Paid days per year to match your work week — Mon–Fri, Six days or All days. Change Hours per day only if your normal day is not the number shown.
List your leave
Each row is one kind of leave. Type its name under Kind of leave and the days you have left under Unused days; half days such as 2.5 are fine. Use + Add a kind of leave for another row, or ✕ to remove one.
Mark what converts to cash
Under Converts to cash, press each row's button to switch between Converts and Does not. Mark Converts only for leave your company really pays out — sick leave starts on Does not, because it usually does not.
Calculate and read the working
The answer updates as you type. Press Calculate to bring it into view, then read Calculation under it, one line per kind of leave.
Reading the result
If it goes wrong
Unused leave converts to cash at your daily rate. The arithmetic is one multiplication — the part people get wrong is which days count and what the daily rate actually is.
Each kind of leave gets its own row and its own switch, because they do not all convert. Vacation leave normally does; sick leave usually does not. Ten unused vacation days and fifteen unused sick days is ten days of cash, not twenty-five, and the working below shows which bucket was left out.
Usually not, but it depends on your company. The Labor Code guarantees service incentive leave and requires the unused part of it to be paid out; everything beyond that — the vacation and sick leave most employers grant on top — converts only if company policy or your CBA says it does. That is why each kind of leave here has its own switch rather than being assumed.
Because the daily rate is derived from your annual salary over your paid days for the year, not from one month in isolation. At ₱30,000 a month over 261 paid days it is ₱1,379.31, whereas ₱30,000 ÷ 22 gives ₱1,363.64. The second figure is lower, and it is not the rate leave converts at.
It is the factor your payroll uses — how many days of the year you are paid for. 261 is Monday to Friday with rest days unpaid, 313 is a six-day week, and 365 means every day is paid. It is a term of your employment, not a legal constant, so check your contract or ask payroll. It changes the answer.
Some of it may not be. Monetised unused leave is treated differently from ordinary pay, and part of it can fall outside taxable income depending on how many days are converted and whether you are in the private or public sector. This calculator gives you the gross cash value only and applies no tax rules, because the thresholds are set by BIR regulation and getting one wrong here would be worse than not showing it. Ask your payroll department or check the current regulation for the taxable portion.
Yes. Type 2.5 for two and a half days. If your company tracks leave in hours, divide by your hours per day first — the hourly rate shown alongside the result is there for exactly that.
Over ten days that gap is ₱156.70. The second figure is the one your daily rate is defined as, and the one every premium is computed against.
Important
Gross cash value only — no tax is applied. Which kinds of leave convert is a term of your contract, not a statutory rule. Nothing you type here is sent to our servers — the calculation runs entirely in your browser.