Instructions
This calculator can help you determine final payout amounts for employees who are leaving your company and have accrued PTO balances that must be paid off.
If you have a salaried employee, this calculator will automatically compute and use their effective hourly rate based on the employee’s salary and the number of hours the employee typically works each week.
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Calculators like this are handy, but they don’t track time-off balances or store 3 years of historical data that the government requires from every business. Start a free trial with Timesheets.com or fill this out to request a live product demonstration.