PTO Trade In Calculator

1. Annual Salary $	Value of Single PTO Hour n/a
2. Annual Benefits Cost $	PTO Hours Needed (Not to Exceed 80 Hours) n/a
3. PTO Hours (optional)	Dollar Value of PTO Hours n/a

How to Use Calculator

Enter your annual salary, which is located in Workday, with no commas. This will calculate how much one hour of PTO is worth for you. (The calculation is Annual Salary divided by 2080 hours.)
Enter your annual benefits cost. The cost is displayed in Workday as you make your benefits elections during open enrollment. This step in our calculator then displays how many hours of PTO you would need to trade to pay for your entire benefits cost. (The calculation is Annual Benefits Cost divided by Value of Single PTO Hour.)

Key considerations:
- You can trade as little PTO as you want. However, you are not permitted to trade in more than 80 hours, nor can you trade in more hours than your benefits cost is valued at.
- If you select a Flexible Spending Account (FSA) and/or Dependent Life Insurance during Open Enrollment, those items are added into your total benefits cost. However, you are not permitted to use PTO Trade In to pay for FSA or Dependent LIfe Insurance. Because of that, this calculator should only be used as a tool for estimating how much PTO to trade for medical, dental, vision and supplemental life insurance costs ONLY.
Optional calculation! Enter any amount of PTO hours here to see the total dollar value. This can help you choose how much PTO you want to trade in if you do not want to cover the entire benefits cost. (Calculation is PTO Hours multiplied by Value of Single PTO Hour.)