How is vacation paid?
Every working person is interested in how his vacation is paid, how his calculation is carried out. Learn more about this in this article, because this information is vital when you “clarify the relationship” with your superiors.
How to pay maternity leave
This rather delicate question often does not like to discuss either the bosses or the accounting department. But young mummies are extremely interested in whether maternity leave is paid, and if it is paid, what nuances should be taken into account when calculating it. First of all, you need to know that maternity leave is 140 days for a normal pregnancy, it increases to 156 days for complicated births, and for establishing a multiple pregnancy in advance or during childbirth, the leave is 194 days. Maternity leave for child care must be paid before the child reaches the age of 1.5 years. It is paid monthly, and its size is 40% of the average earnings, which must be calculated for 24 months. In order to calculate the amount of the allowance, each amount received by a woman in one year preceding maternity leave should be added up.It should be noted that the total amount does not need to be counted social benefits. After these calculations, it is necessary to divide the amount received by 730. As a result, you get the amount of the allowance paid for each day of maternity leave. Then it should be multiplied by the number of days of vacation, which depends on the course of pregnancy. The result will be the amount of maternity. Please note that the tax on maternity money should not be calculated, and 16 days paid for the heavy flow of labor should be paid in a separate amount after delivery. Also come in the case when a multiple pregnancy becomes known only during childbirth. If a woman’s experience is less than 24 months, the calculation should be made on the basis of actually earned amounts, as well as actual calendar days. Also not included in the calculation of payments of social benefits. It should be noted that the calculated amount should not be lower than the average daily wage of the minimum wage. In the case when the calculated amount of average daily earnings is lower than the established minimum wage, it is necessary to pay the amount of the minimum wage.
How is paid educational leave
All employees who successfully study in universities, institutions of primary vocational training or secondary special in both evening and correspondence courses are entitled to paid study leave. The length of paid additional leave, which is necessary for passing intermediate certification, passing state examinations or for preparing a diploma, is determined by the Labor Law. Payment for vacation is based on the average wage of the employee. In order to formalize the provision of study leave, you should require the employee to submit an application for additional leave, to which a help call will be attached. It should contain the dates of both the beginning and the end of all exams and the number of calendar days. After that it is necessary to issue an order on vacation in a unified form of T-6. It will be the basis for the accrual, as well as the payment of vacation pay. The calculation of vacation pay as follows. It is necessary to sum up the salary actually accrued in the last 12 months and divide the amount received by 12 months, and then by 29.4 days (the average number of days in a month). Thus, the average daily earnings.Then it should be multiplied by the number of days of vacation and keep the amount of personal income tax. Payments of vacation pay are made at least 3 days before it starts.
Knowing how to calculate vacation pay, you can easily determine the amount of payments you are entitled to.