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• FIRST POST
• JamesFuller
• 9th Nov 17, 7:17 PM
• 77Posts
• 55Thanks
JamesFuller
Hello all,

How do you calculate the pay you should get for annual leaves that the company will pay you for not claiming them?

E.g. Let's say you had 24 days left and the salary was £44,000. And the company will pay you the 24 days.
Page 1
• PeppaCoin
• 9th Nov 17, 8:05 PM
• 121 Posts
• 134 Thanks
PeppaCoin
Assuming you work 5 days a week

44k divided by 260 = £169.23 (your day rate)

Multiplied by 24 = £4061.52 gross.
• burnoutbabe
• 9th Nov 17, 9:52 PM
• 1,299 Posts
• 1,861 Thanks
burnoutbabe
yes, that is how we do it. (260 being 365 days less 104 days which are weekends - not sure now why its not 261 actually)
• PeppaCoin
• 9th Nov 17, 10:48 PM
• 121 Posts
• 134 Thanks
PeppaCoin
Well i guess because 52 x5 = 260
• 10th Nov 17, 3:12 AM
• 7,165 Posts
• 7,810 Thanks
Well i guess because 52 x5 = 260
Originally posted by PeppaCoin
But 52.2x 5=261.
Last edited by paddedjohn; 10-11-2017 at 3:15 AM.
• getmore4less
• 10th Nov 17, 11:39 AM
• 32,422 Posts
• 19,478 Thanks
getmore4less
working days in a year changes
There are 14 different years(7*2) they can be 260, 261, 262 working days
• sangie595
• 10th Nov 17, 12:18 PM
• 4,856 Posts
• 8,207 Thanks
sangie595
working days in a year changes
There are 14 different years(7*2) they can be 260, 261, 262 working days
Originally posted by getmore4less
And some employers still use 365 days.
• General Grant
• 10th Nov 17, 9:59 PM
• 738 Posts
• 839 Thanks
General Grant
And some employers still use 365 days.
Originally posted by sangie595
As I work in a 24/7 organisation, I use the 365 day year in calculating proportional entitlement for those working part years. This is generally converted to hours because people work different shift lengths.

For working out the value of that time, I use the hourly rate for the post multiplied by the number of hours represented by the amount of time.

So for the OP, the calculation would be:

24 x 7.5 (if that is their standard day length) x (44000/52/37.5)
(that's also assuming a week of 5 of those standard days)
• getmore4less
• 10th Nov 17, 10:15 PM
• 32,422 Posts
• 19,478 Thanks
getmore4less
As I work in a 24/7 organisation, I use the 365 day year in calculating proportional entitlement for those working part years. This is generally converted to hours because people work different shift lengths.

For working out the value of that time, I use the hourly rate for the post multiplied by the number of hours represented by the amount of time.

So for the OP, the calculation would be:

24 x 7.5 (if that is their standard day length) x (44000/52/37.5)
(that's also assuming a week of 5 of those standard days)
Originally posted by General Grant
You say you use days then go onto use 52 weeks.
• General Grant
• 11th Nov 17, 7:04 PM
• 738 Posts
• 839 Thanks
General Grant
You say you use days then go onto use 52 weeks.
Originally posted by getmore4less
When someone is not employed for a full year, the entitlement to the amount of time is based proportion of days in the year.

The 52 weeks are used in the calculation of what the hourly rate is.