Holiday pay: How we calculate
Calculate average holiday pay or preserved fixed salary.
How we calculate
For variable pay, divide the preceding period’s eligible earnings by eligible calendar days and multiply by main-holiday days. With unchanged pay, the agreed monthly salary is preserved and is not an extra payment on top.
Exclude public holidays and statutory absence days before entering calculation days. Exclude an overlapping day once.
Worked example
In average-pay mode, eligible earnings are €18,000, eligible calendar days 180 and leave days 14. Daily average = 18,000 / 180 = €100; holiday pay = 100 × 14 = €1,400 gross. The example assumes the reference period and excluded days have been established correctly; it is not extra pay on top of a preserved monthly salary.