How to calculate holiday pay

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2019-03-21 06:20:23

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Every person needs to know what is really to take as a basis when calculating when you can take a vacation at work, on how many days. All the employees working for more than six months are entitled to holiday pay. Count 28 calendar days per year of employment. Holidays are not taken into account, and weekends are taken into account. You can take once the entire vacation, and can be partially, but not less than 14 days.

Accountant you can explain how to calculate vacation pay if you worked a whole year without permits and changes of salary. For this we need to add up all the payments for the year and divide by the number of days worked. So it turns out the amount of average daily earnings. That's it, and multiply by the number of holiday days. Weekends and holidays are not paid.
Show a specific example: the Employee worked for 12 months with a salary of 12000. The total accrual amounted to 144,000. Calculate the vacation payment, the 144,000:12:29,4*28

And how to calculate holiday pay if the holiday is a festive day? In this case, the vacation is extended by one day, but the festive day shall not be payable.

In all other cases there are certain nuances, which necessarily takes account of the accountant in their calculations. First, we need to know how is the accrued amount of the employee?

Of the total accrued amount during the year deduct payments for sick leave, because at that time people did not work. Not taken into account a one-time bonus, financial assistance and holiday pay in the last period. If the award is permanent, it is taken into account. But the social benefits (for travel, meals, tuition) completely exclude.

The calculations use only the days actually worked, excluding production calendar working days, if the employee during this period, was ill or was in an employment leave. Not taken into account and days when the employee was on a business trip, maternity leave, and weekend care for children with disabilities.

The salary increase take into account in the calculation of the correction factor. It is more convenient to show an example: first there was the salary of 15,000 rubles, then increased to 20,000 rubles. Then, find the ratio 20000:15000=1.33 and multiply by the sum of the annual accruals for the further calculation. Then the amount assessed should be divided by 12 months and 29.4. Now I understand how to calculate the average earnings per day when you change the salary?

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If in one month, worked only a few days, it is necessary to 29.4 divided by the number of calendar days and multiplied by the number of days that he worked. For example, in may, the employee worked for only three days. Calculation - 29,4:31*3

To Calculate sales and to put compensation in case of dismissal will be able to every person. If it worked for 2 months and 11 days, he supposed three days of compensation, and if the employee worked 5 months and 15 days, he is supposed for 12 days. 14 days and less adds only 1 day to leave, and 15 days, give for 2 days.

To calculate the severance, you need the appropriate number of days divided by 12 and multiplied by the number of months worked. Example: employee worked 8 months and 13 days and he is supposed to 27 days of leave, then his payment is equal to: 27:12*8. To calculate compensation in terms of money, it is necessary to average earnings multiplied by the number of days that the position of the employee to leave.

How to calculate holiday pay if the employee resigned after only 8 months and 3 days, with 14 days of vacation? For 8 months he is supposed to (8*2,33) vacation days, so you must make the additional payment in the calculation of salary for the missing days of vacation. In addition to produce supplements hold if the number of days of vacation used was more than expected.

The Accountant must know how to calculate sales to minors, according to the Labor code. After all, they are supposed to have a vacation for a year of work - 31 calendar days, not like the others - 28. For businesses with a non-working day also added 3 additional days.


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Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."

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