Annual Leave Payout Calculator
Estimate what your unused annual leave will be worth when you resign or are let go.
How it works
The calculator converts your unused leave into hours — either directly, or by multiplying your leave days by your hours per workday (7.6 hours for a standard 38-hour, 5-day week). It then multiplies those hours by your hourly rate (derived from your salary, or entered directly) and adds any leave loading you specify.
Worked example
10 days of unused leave for someone on a $100,000 salary working 38 hours a week, with 17.5% leave loading:
- Unused hours
- 10 days × 7.6 hours = 76 hours
- Hourly rate
- $100,000 ÷ (52 × 38) ≈ $50.61
- Base payout
- 76 × $50.61 ≈ $3,846
- With 17.5% loading
- $3,846 × 1.175 ≈ $4,519
Frequently asked questions
Not necessarily. Leave loading depends on your award, enterprise agreement or contract — enter the rate that applies to you, or leave it at 0% if you're not sure.