Accrual Rate Calculator

Formula

The formula to calculate the accrual rate is:

\[ \text{ACR} = \frac{\text{DA}}{\text{DW}} \]

Where:

\(\text{ACR}\) is the accrual rate (accrued days per work day)
\(\text{DA}\) is the amount of PTO days accrued
\(\text{DW}\) is the amount of days worked

What is Accrual Rate?

The accrual rate is a measure of how quickly PTO (paid time off) days are accumulated based on the number of days worked. It is calculated by dividing the total number of PTO days accrued by the total number of days worked. This rate helps employees understand how much leave they earn over a specific period.

Example Calculation 1

Let's assume the following values:

Amount of PTO Days Accrued (DA) = 10 days
Amount of Days Worked (DW) = 200 days

Using the formula:

\[ \text{ACR} = \frac{10}{200} = 0.05 \text{ accrued days per work day} \]

The Accrual Rate is 0.05 accrued days per work day.

Example Calculation 2

Let's assume the following values:

Amount of PTO Days Accrued (DA) = 15 days
Amount of Days Worked (DW) = 250 days

Using the formula:

\[ \text{ACR} = \frac{15}{250} = 0.06 \text{ accrued days per work day} \]

The Accrual Rate is 0.06 accrued days per work day.