How to calculate average daily earnings

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You need to know how many days the employee worked over the last year and what his total income was for these 12 months. The calculation of average earnings for vacation pay is done as follows:

Average daily earnings = Income for the billing period ÷ Total number of days worked

The calculation period for this formula is 12 months preceding the cambodia telegram mobile phone number list month of vacation. Let's say the vacation starts in July - then the time from July 1 of the previous year to June 30 of the current year is taken into account.

Income for time worked includes several types of payments:

Wages accrued for time worked, at piece rates, as a percentage of revenue, or as a commission
Fees, author's and production remuneration that are due to representatives of the media or art organizations
Overtime compensation, working conditions
Allowances and surcharges
Bonuses provided by the remuneration system, such as monthly or quarterly
To take into account the days worked during the year, you can't just take the number 365 or 366. There are certain rules by which the days actually worked are counted. In order not to manually count every working and weekend day during the year, it is customary to use the average number of days in a month - 29.3. Then use the formula:

Calendar days worked = 29.3 × Months worked