Trust Review » Compensation for unused vacation: calculation, formulas, procedure for obtaining

Compensation for unused vacation: calculation, formulas, procedure for obtaining

In this article! we will Compensation  consider what compensation for unused vacation is! including legal aspects! the procedure for receiving compensation! and calculation examples.

Vacation is a part of the employment relationship that provides employees with the opportunity to rest! recuperate and maintain a high level of productivity.

 

When an employee cannot use the right to leave! the question of compensation for unused leave sms gateway norway arises. In Russia! this issue is regulated by the Labor Code.

Calculation of compensation for unused vacation

The amount of compensation for unused vacation is calculated based on the employee’s average salary. To calculate the amount of compensation! you need to multiply the average daily earnings for the last 12 months by the number of unused vacation days.

In this case! the employee has the right to participate in the calculation and must be here are examples and how to build it notified of the amount of compensation.

Formula for calculating unused vacation
The formula for calculating Compensation  compensation for unused vacation sab directory depends on how the average daily wage is calculated. In Russia! two methods are used:

1. Calculation of the average daily salary using the formula:

Average daily wage = (Wages for the last 12 months / 12 months) / (Number of working days in a year)

2. Calculation of average daily salary based on earnings data for the last 3 months:

Average daily wage = (Wages for the last 3 months / 3 months) / (Number of working days in a year)

Example:

The employee worked for the company for 12 months and during this period received a salary of 600!000 rubles. The number of working days per year is 247.

Scroll to Top