Benefits Value Calculator

This calculator converts an employer's non-salary perks into a single annual dollar figure so you can compare total compensation, not just base pay, across job offers or negotiations. It annualizes each monthly employer contribution (health insurance, dental/vision, life insurance, disability) by multiplying by 12, computes the 401(k)/retirement match as a straight percentage of salary, values PTO as days taken times a per-day dollar value you supply, and adds in any annual tuition reimbursement or other one-off perks — the sum of all of those is Total Benefits Value, and adding it to salary gives Total Compensation. The hourly figure divides total compensation by 2,080 hours (52 weeks times 40 hours), a standard assumption that only holds if you actually work a 40-hour week year-round with no unpaid overtime or reduced schedule — adjust your mental math if your real hours differ.

The PTO valuation is the input most people get wrong: it should reflect what a day off is actually worth to you (typically your daily salary rate, i.e., annual salary divided by working days), not what it costs the company to provide it, and entering it at a lowball or inflated number will skew the total benefits figure disproportionately since PTO plus the two insurance lines are usually the largest contributors after retirement match. Because every input here is a self-reported estimate rather than data pulled from an actual benefits statement, treat the output as a useful comparison tool between offers rather than an exact valuation — the real worth of benefits like health insurance also depends heavily on your family size and health needs, which this calculator doesn't model.