Leave Value Calculator
Calculate the cash value of unused annual leave based on your salary, remaining days, and country statutory entitlements.
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How to use this calculator
- 1
Select your country to see the relevant statutory leave entitlement.
- 2
Enter your gross annual salary — the calculator divides this by 250 working days to find your daily rate.
- 3
Enter the number of unused leave days you want to value.
- 4
The cash value shown is the payout you are entitled to if your employer pays out unused leave on termination or by agreement.
Frequently asked questions
Are employers required to pay out unused leave when I resign?
It depends on the country and contract. In Australia, unused annual leave must be paid out on termination under the Fair Work Act. In the UK, accrued untaken leave must be paid on termination. In India, encashment rules vary by state and employer. In the US, it depends on state law and company policy — some states like California mandate payout, others do not.
Why are 250 working days used as the basis?
250 working days is the standard approximation for full-time employees: 52 weeks × 5 days = 260 days, minus roughly 10 public holidays = 250 net working days. This gives a consistent daily rate across countries for comparison purposes.
Can I take unused leave as cash instead of days off?
Most countries do not allow "selling" leave while employed — statutory leave is meant to be taken as rest. The exception is termination, where unused accrued leave is typically paid out. Some employers voluntarily offer leave encashment schemes; check your employment contract or HR policy.
Leave Value Calculator — Cash Value of Unused Annual Leave
How Unused Leave Is Valued
The cash value of unused annual leave is calculated using your daily pay rate multiplied by the number of outstanding days. Your daily rate is your gross annual salary divided by the number of working days in a year — typically 250 for full-time employees. This means a person earning £60,000 per year has a daily rate of £240, so 10 unused days are worth £2,400. This is the amount an employer should pay out on termination where applicable under local law.
Statutory Leave Entitlements by Country
Leave entitlements vary widely. UK workers get a minimum of 28 days (including 8 bank holidays) under the Working Time Regulations. Australian full-time employees are entitled to 4 weeks (20 days) under the National Employment Standards, with 5 weeks for continuous shift workers. Canadian federal employees get 2 weeks (rising to 3 weeks after 5 years) under the Canada Labour Code. Indian employees are entitled to a minimum of 15 days of Earned Leave per year under the Factories Act, though state-specific rules and company policies often provide more. US federal law sets no minimum; leave is governed entirely by employer policy and state law.
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Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →