Projected long service leave liability

Estimate the present-value provision for future long service leave entitlements using expected wage growth, a discount rate, and probability of vesting.

General information only. This calculator provides general information based on the figures you enter. It is not personal financial, credit, tax or legal advice and does not consider your objectives, financial situation or needs. By using this calculator you acknowledge the results are general in nature. Read our editorial guidelines.

Your details

Years of service to date

Years until eligibility

Current weekly wage

Accrual (weeks per year)

Wage growth (% p.a.)

Discount rate (% p.a.)

Probability of vesting (%)

Results

Provision (balance sheet): $11,443
Present value of entitlement: $14,304
Nominal value at eligibility: $18,628
Escalated weekly wage: $2,149

Estimates only and general in nature. Not personal financial, credit, tax or legal advice. Confirm figures with your lender, accountant or the relevant state revenue office before making a decision. See our Disclaimer, Conflicts of Interest and How we get paid.