Vacation Money liable (HS)

All hourly salary types are assigned to the Entitled to holiday pay Boolean to form the holiday payment remuneration base.

Holiday payment remuneration is usually paid to hourly salary earners monthly with hourly salary or is accumulated as a balance and settled at a later date. Holiday payment remuneration amounts to

with holidays in 4 weeks = 8.33%

with holidays in 5 weeks = 10.64%

with holidays in 6 weeks = 13.04%

The official calculation formula for holiday payment remuneration is:

(number of holidays / (260 - number of holidays)) x 100 = x%

Calculation example with 5 weeks:

(25 holidays / (260 - 25)) x 100 = 10.64%

260 workdays correspond to the average monthly factor of 21.75 days x 12 months.

Holiday pay base calculation per month is carried out using the percentages for each age group defined in the Refunding of absences in the Employee card -> tab Salary.