The leave accrues at the rate of one hour for every 17 hours worked, or one day for every 17 days worked, or 1.25 days per month, with the total permitted minimum being 15 working days per year on full pay in each annual leave cycle or in each 12-month period calculated from the date of employment.
How are paid leave days calculated?
Q: How do we compute vacation days? 1st Scenario: An employee who works 40 hours per week and earns R17933 per month in basic pay.
A: You can compute your leave days as follows: Divide the gross monthly salary by 21.67 and multiply by the number of leave days, i.e. (R17933.00 21.67) x 20
How are monthly leave days determined?
To be paid as a lump sum. The term “basic salary” is not recognized. Hello, you can calculate it from your date of hire because, according to the Factories Act, one leave with pay for every twenty working days in a year. One earned leave for every 15 working days in a year, according to the Shops and Establishments Act.
What is the rate of pay for annual leave?
It is typically 17.5% of your regular pay. If you are entitled to leave loading, it will be stated in your award, enterprise agreement, or contract. Not every employee is eligible for leave loading. If you are unsure whether or not you are entitled to leave loading, you should seek legal counsel.
How many vacation days are there in a year?
The entitlement is 21 consecutive days annual leave on full remuneration in respect of each annual leave cycle, which is equal to 15 working days if an employee works a five-day week or 18 working days if an employee works a six-day week.
