How to calculate vacation pay: examples Example #1
Posted: Thu Jan 23, 2025 5:13 am
Vladimir worked all year and wants to go to the sea from December 1 to December 17, 2024 inclusive. The billing period begins on December 1, 2023 and ends on November 30, 2024. We will explain step by step how to calculate the vacation pay that Vladimir will receive.
Step 1. Find out how many days were worked in full. The man was on spain telegram data duty all this time, did not use time off, did not miss shifts. Let's count:
29.3 x 12 = 351.6 days
Step 2. Determine the average daily earnings. Vladimir's salary for the billing period was 740,000 ₽. In June, he was awarded a quarterly bonus of 15,500 ₽, and in September, overtime compensation in the amount of 5,000 ₽. In total, he earned 760,500 ₽.
760,500 ÷ 351.6 = 2,162.97 RUR
Step 3. Calculate the amount to be
Step 1. Find out how many days were worked in full. The man was on spain telegram data duty all this time, did not use time off, did not miss shifts. Let's count:
29.3 x 12 = 351.6 days
Step 2. Determine the average daily earnings. Vladimir's salary for the billing period was 740,000 ₽. In June, he was awarded a quarterly bonus of 15,500 ₽, and in September, overtime compensation in the amount of 5,000 ₽. In total, he earned 760,500 ₽.
760,500 ÷ 351.6 = 2,162.97 RUR
Step 3. Calculate the amount to be