Free Holiday Pay Calculator: quick holiday pay calculator for everyday decisions. No signup needed.
Working weeks = 52 − Holiday weeks. Hourly rate = Annual salary ÷ (Working weeks × Hours per week).
Daily rate = Hourly rate × Hours per week ÷ 5. Weekly rate = Annual salary ÷ Working weeks. Monthly rate = Annual salary ÷ 12.
Worked example: £50,000 salary, 40h/week, 4 weeks holiday. Working weeks = 48. Hourly = £50,000 ÷ (48 × 40) = £50,000 ÷ 1,920 = £26.04/hr. Daily = £26.04 × 40 ÷ 5 = £208.33/day. Weekly = £50,000 ÷ 48 = £1,041.67. Monthly = £50,000 ÷ 12 = £4,166.67. Minimum wage multiple = £26.04 ÷ £11.44 = 2.3×.