Leave Conversion Calculator

Pay & money

Cash value of unused vacation, sick and incentive leave.

Cash value of unused leave
₱13,793.10
10 of 15 days convert
Daily rate
₱1,379.31
Hourly rate
₱172.41
Convertible days
10

Calculation

  1. Daily rate₱360,000.00 ÷ 261 paid days₱1,379.31
  2. Vacation leave10 days × ₱1,379.31₱13,793.10
  3. Sick leavenot convertible to cash5.00
  4. Convertible days15 days entered, 5 days not convertible10.00
  5. Cash value10 days × ₱1,379.31₱13,793.10
  6. Sick leave did not convert. Whether it should is a term of your contract, not the law.

How to use

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.

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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

  • Cash value of unused leave: what your convertible leave is worth, before any tax. The line under it says how many of your days convert.
  • Daily rate: what one day of leave is worth.
  • Hourly rate: your daily rate divided by your hours per day — useful if your company counts leave in hours.
  • Convertible days: the days that count towards the cash value.

If it goes wrong

  • The total is lower than you expected: a row is set to Does not, and only leave marked Converts counts. Switch it only if your company really pays that leave out.
  • Your company counts leave in hours: divide your hours by your hours per day first, then type the result in Unused days.
  • You want the amount after tax: the page gives the gross cash value only and applies no tax rules. Ask payroll how much of it is taxable.

What this is

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.

Questions

Does sick leave convert to cash?

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.

Why is my daily rate not my monthly salary divided by the days I worked?

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.

What is the paid days per year figure?

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.

Is the cash I get taxed?

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.

Can I enter half days?

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.

The maths

Convertible days
Not total days
Daily rate
Annual ÷ paid days
Worked
₱30,000 a month, 261 paid days
₱360,000 ÷ 261 ₱1,379.31 a day
10 VL convert, 5 SL do not 10 days
Cash value ₱13,793.10
The common mistake
₱30,000 ÷ 22 days ₱1,363.64
₱360,000 ÷ 261 days ₱1,379.31

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.

Keep going

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.