How To Calculate Vacation Compensation Upon Dismissal

How To Calculate Vacation Compensation Upon Dismissal
How To Calculate Vacation Compensation Upon Dismissal

Video: How To Calculate Vacation Compensation Upon Dismissal

Video: How To Calculate Vacation Compensation Upon Dismissal
Video: How is Compensation Calculated in Unfair Dismissal Cases? 2023, March
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How to calculate vacation compensation upon dismissal
How to calculate vacation compensation upon dismissal

The accrual and payment of compensation for vacation is regulated by Articles No. 126, 127, 141 of the Labor Code of the Russian Federation. Upon dismissal of an employee on the last working day, the employer is obliged to make a full calculation, pay all current salary and compensation for the leave that has not been used. Location: Location: Calculate vacation compensation according to the actual period worked during which the employee was not on another vacation. To do this, divide 28 by 12 and multiply by the actual number of working months worked. For each month worked more than 15 calendar days, accrue 2.33 days of compensation. For a month worked less than 15 calendar days, do not charge compensation. If an employee during the working period received leave without pay for more than 14 calendar days, then do not take into account one month in the calculation.

Compensation for unused vacation days is calculated based on the average earnings for 12 months in accordance with Article 139 of the Labor Code of the Russian Federation. To calculate, add up all the amounts earned from which income tax was calculated, divide by 12 and 29.4. The resulting number will be equal to the average daily earnings for 12 months. Multiply it by the number of calculated compensation days, add your current salary. If a district coefficient is paid in your area, then add it to the total amount, subtract income tax. The remaining figure will be the calculation upon dismissal.

If an employee has worked for you for less than 12 months, make a calculation based on the amounts actually earned, which should be divided by the number of actually worked months and by 29, 4. Multiply the resulting figure by the number of vacation days. For example, if an employee has worked 6 months in full and the seventh month is less than half, then he is supposed to pay compensation for 14 days of unused vacation.

If an employee has worked at your company for less than 1 month, then he is not entitled to compensation for vacation.

If an employee has worked for more than 6 months and received vacation, and you paid vacation pay for 12 months, but upon dismissal they were not fully worked out, then calculate the entire overpayment for paid leave from the calculation upon dismissal.

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