Annual leave pay calculation formula

The amount of that payment is based primarily on your rate of basic pay plus any locality pay or similar geographic adjustments, but includes other things.

Image: Burdun Iliya/Shutterstock.com By: Reg Jones

Last week I filled you in on earning annual leave, using annual leave, and leave accumulation. This week I’ll spell out the rules governing a lump-sum payment for unused annual leave.

If you leave government, you’ll receive a lump-sum payment for all your accrued annual leave.

Annual leave calculator nz

Annual leave calculator nz

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That’s true whether you resign, go on active military duty, or retire. That lump-sum payment represents all the days you would have worked if you had remained on the payroll. (FYI: Holidays are counted as workdays when making that projection.)

The amount of that payment is based primarily on your rate of basic pay plus any locality pay or similar geographic adjustments.

And it may include other types of pay, such as administratively uncontrollable overtime, supervisory differentials, regularly scheduled overtime pay under the Fair Labor Standards Act, non-foreign area cost-of-living a

how is annual leave calculated uk

how is annual leave calculated nsw