HR & Ops

prorated pto accrual per pay period calculator

Accrual per period = (annual PTO × remaining work year fraction) ÷ remaining pay periods. Or annual PTO ÷ pay periods per year for a full year.

Converts an annual PTO grant into the hours or days earned each pay period, including mid-year start dates and remaining periods in the year.

Inputs

Plain-English guide

Terms & how it works

Confused by a field? Read the short definitions here while you use the tool.

  • inputs

    Your numbers

    Prorate annual PTO into each pay period for mid-year hires. Free online tool, instant, no sign up.

When to use this prorated pto accrual per pay period

Common use cases

  • Prorate annual PTO into each pay period for mid-year hires. Free online tool, instant, no sign up.
  • Sanity-check with this case: 15 days/year, 24 pay periods, hired July 1 (12 periods left): 15 × 0.5 = 7.5 days; 7.5 ÷ 12 = 0.625 days per paycheck.
  • The relationship is: Accrual per period = (annual PTO × remaining work year fraction) ÷ remaining pay periods. Or annual PTO ÷ pay periods per year for a full year.

Localized examples

  • HR & Ops: the example on this page uses the same formula as the widget.

What you get

  • Workspace controls for this exact question
  • Accrual per period = (annual PTO × remaining work year fraction) ÷ remaining pay periods. Or annual PTO ÷ pay periods per year for a full year.
  • Example on the page: 15 days/year, 24 pay periods, hired July 1 (12 periods left): 15 × 0.5 = 7.5 days; 7.5 ÷ 12 = 0.625 days per paycheck.

What is it?

Converts an annual PTO grant into the hours or days earned each pay period, including mid-year start dates and remaining periods in the year.

The Formula

Governing formula

Accrual per period = (annual PTO × remaining work year fraction) ÷ remaining pay periods. Or annual PTO ÷ pay periods per year for a full year.

Real-World Example

15 days/year, 24 pay periods, hired July 1 (12 periods left): 15 × 0.5 = 7.5 days; 7.5 ÷ 12 = 0.625 days per paycheck.

Why It Matters

Ops and payroll need a number that matches the handbook. Proration mistakes create disputes in the first 90 days of a hire.

Frequently Asked Questions

Take the annual grant, scale it by the fraction of the year remaining, then divide by the number of remaining pay periods.

HR & Ops