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Jul08

Employee Vacation

I have a part time employee who works 24 hours per week – a full time employee 37.50 per week gets 5 hours per month. how much should I offer the part time employee. 30 hours per week with the full time getting 5 hours per month what is the prorated amount whats the formula so I can recalulate the 2nd year in which a full time gets 8 hours per month – aghhh Help…

We are happy to help. Each month during the first year, the employee who works 37.5 hours per week accrues 0.1333 hours of vacation per hour worked (5/37.5=0.1333). The employee who works 24 hours per week would accrue 3.199 (rounded to 3.2) hours of vacation per month (0.1333 x 24 = 3.199). The full-time employee accrues 60 hours of vacation per year, while the part-time employee accrues 38.4 hours of vacation per year.

In the second year, each month the full-time employee accrues 8 hours of vacation, or 0.2133 hours of vacation per hour worked (8/37.5 = 0.2133). So the employee who works 24 hours per week would accrue about 5.12 hours of vacation (0.2133 x 24 = 5.119).  The full-time employee accrues 96 hours of vacation while the part-time employee accrues 61.44 hours of vacation for the year.

We assume that you have stated the company policy correctly and that employees genuinely earn vacation each month.

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This entry was posted on Thursday, July 8th, 2010 at 7:15 am and is filed under
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  1. » Employee Vacation Human Resource Blog « Human Resources 123 Says:

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