How Can You Get Compensation For Unused Vacation

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How Can You Get Compensation For Unused Vacation
How Can You Get Compensation For Unused Vacation

Video: How Can You Get Compensation For Unused Vacation

Video: How Can You Get Compensation For Unused Vacation
Video: Am I entitled to unused vacation, holiday, or sick pay if I leave the company? 2024, May
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In accordance with article 126 of the Labor Code of the Russian Federation, each employee can receive monetary compensation instead of annual paid leave. It should be noted that according to the law, replacement can only be made for that part of the leave that exceeds the main annual leave. But in order to get the required rest in monetary terms, it is necessary to draw up a number of documents, as well as learn how to correctly calculate compensation.

How can you get compensation for unused vacation
How can you get compensation for unused vacation

Instructions

Step 1

First of all, you must write a statement addressed to the head of the organization with a request to replace the entire vacation or part of it with monetary compensation. This document can be of any form, the main thing is that it has information such as your name, position, name of the organization and structural unit.

Step 2

In the document, indicate the number of vacation days that you want to replace with monetary compensation. Find out this number in the accounting department of the organization or calculate it yourself. Sign the application.

Step 3

After that, register it in the register of incoming correspondence (usually it is with the secretary). Give the document to the head of the organization for review. If the answer is yes, the employer will contact the accounting department for the subsequent calculation of monetary compensation. After receiving the amount, the manager will issue an order, after which he will give it to you for review.

Step 4

Read the administrative document carefully. Check the amount of monetary compensation due. Calculate it yourself or contact the accounting department for a calculation. If all the data is correct, sign the order and give it to the manager for subsequent processing of compensation.

Step 5

If you want to calculate the payment amount yourself, you need to calculate all the days that you are entitled to as an additional vacation. Let's say you work in the High North. You are entitled to additional leave. First of all, the average daily wage, then multiply the number of extra vacation days by this number. The amount received will be compensation.

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