Company info
What we create
and what we believe
and what we believe
About us
Solutions
Resources
About us
Solutions
Resources
About us
Products
Out-of-box solutions
ATS system
LMS platform
HRM system
Other solutions
Office hoteling
Video interview service
ATS system
LMS platform
HRM system
Other solutions
Office hoteling
Video interview service
Write to us
contact@hrsync.io
Call us
+77777394433
+48222662285
Contact us
Holiday pay
What is holiday pay?
Holiday pay is the kompensaciya employees receive for their annual paid leave and public holidays that fall within their scheduled time off. These payments ensure that employees maintain their regular income even while taking a break.
The calculation of vacation pay varies by country. In some places, it is based on the average earnings over a certain period, while in others, it may be a fixed amount based on the employee’s salary or a specific formula.
When public holidays fall within an employee’s vacation period, they are often compensated as part of vacation pay. This ensures that employees receive full earnings for those days and do not lose income due to overlapping holidays.
Timely payment of vacation pay is crucial for maintaining employee trust and loyalty. Employers are typically required to process these payments at least three days before the start of the vacation, allowing employees to plan their expenses accordingly.
Алфавит
Soft skillsMental health at workHR processesHiring processProfessional developmentSoftware as a service (SaaS)HR management softwareBackground checkTalent acquisitionNew employee introductionHourly employeeContinuous performance managementAbsenteeism policyDirect reportsBehavioral interviewBehavioral competenciesPerformance improvement planFloating holidayTermination letterJob evaluationOffboardingDisability leaveSick leaveLeave of absenceTime trackingHoliday payAgile methodologyOrganizational chartEmployee experiencePaid time off (PTO)Onboarding processZero-based budgeting (ZBB)Job dissatisfactionNepotismIndependent contractorMetricsLoyalty of employees (eNPS assessment)Cross-functional teamsMatrix organizationTurnover rateVacancy rateCompetencyHoliday accrualCompensationCore competenciesKey workerKey Performance Indicator (KPI)Employee classificationEmployee directoryCareer siteCareer growthCareer pathCareer plateauWorkforce planningArtificial intelligence in HRHuman resources information system (HRIS)Intellectual propertyEmployee Net Promoter Score (eNPS)Employee life cycleRevenue per employeeHarassmentJob instructionDocument management in HRVoluntary benefitDisciplinary proceduresDisciplinary actionBusiness partnershipHR dashboardHybrid work modelBusiness agilityFlexible working hoursExit interviewEmployee burnoutOne-on-one meetingsRecruitment funnelEmployee engagementInternal recruitmentVirtual HRVertical organizationWellness programsGross incomeGross amountGross wagesEmployer brandEmployee benefitsSick leave payWell-beingHR business partnerEmployee databaseBuddy systemOutstaffingOutsourcingHR auditAssesment centerUpskillingHR analyticsJob analysisTraining needs analysisWorkforce utilization analysisWorkforce availability analysis
Get a free consultation and learn how to optimize your company’s processes with HRsync.
Subject of the application*