According to labor law, every employee working under an employment contract has the right to an annual paid leave of at least 28 calendar days. For unused leave for production reasons and upon dismissal of an employee, monetary compensation is charged and paid.
Instructions
Step 1
Compensation for unused vacation is calculated based on the average earnings for the 12 months that were worked before the calculation period. If the employee did not use vacation for previous years, the average earnings are calculated not for the years of unused vacation, but for the last year, even if there was a lower salary earlier.
Step 2
The calculation amount includes all funds from which insurance premiums and taxes were withheld and paid. Amounts received from social benefits are not included in the calculation. It is necessary to add the entire amount earned for the 12 months that were worked before the calculation and divide by 365. The resulting figure is multiplied by the number of days that must be paid for unused vacation days.
Step 3
Upon dismissal of an employee who has not worked for 12 months, it is necessary to calculate and pay compensation for unused vacation for the time actually worked. For days worked in a month, of which there are more than 15 - the amount of compensation is paid for the entire month, less than 15 days in a month - this period for payment of compensation is not taken into account.
Step 4
It is necessary to divide 28 by 12, you get the amount that is paid in one month, that is, 2, 33. Average earnings are calculated from the money actually earned. The amounts received for social benefits are not taken into account in the calculation of total earnings, but must be divided by the calendar number of days in the billing period.
