3. Calculate your employees’ leave accrued by Christmas
Everyone wants to know how much leave they’ll have by Christmas. Thankfully, we’ve got an easy formula for you and your team to use in certain scenarios. This way you can work out their leave.
For team members on the same standard hours each week (e.g. 37.5 hours)
Here’s a formula to help you estimate the amount the employee will accrue between now and Christmas.
The formula to keep handy
[standard work hours per week] x [number of weeks until Christmas] = [sub-total hours]
[sub-total hours] x [# of weeks of annual leave] = [total hours]
([total hours] ÷ [working days in a year]) x [working days in a week] = [hours of annual leave accrued before Christmas]
For example:
Rachel works 37.5 hours per week and is working all 4 weeks until Christmas. Currently, Rachel has 45.6 hours of annual leave. So, how do we figure out how much annual leave she’ll have available by Christmas?