주휴수당 Calculation of Weekly Holiday Allowance

Conditions for receiving holiday pay 주휴수당
In order to receive holiday pay, the following conditions are required: You must work at least 15 hours per week and must not miss any number of working days. If you are a salaried employee, vacation pay is automatically included in your salary, but short-term employees must work at least 15 hours per week.

3. Calculation of Weekly Holiday Allowance
The exact calculation of vacation pay is as follows. The number of working hours per day is based on the hourly wage you receive. For example, if your hourly wage is 10,000 won and you work 8 hours a day, your weekly holiday allowance is calculated as 80,000 won. Therefore, a worker who earns 10,000 won an hour for 8 hours a day can receive a paid holiday of 80,000 won if he/she works the prescribed working days for one week. If the working hours per day are 3 hours and the prescribed working day is 5 days, the weekly holiday allowance is as follows. If you have worked, one day of the week is a holiday for which you receive weekly holiday pay, and the other day is an unpaid holiday. Note that it does not matter if the weekend is not a Sunday.

4. Calculating the Minimum Wage Weekend Allowance
The minimum wage in 2022 is 9,160 won. Assuming that you work 3 hours and 5 days a day, which is the lowest amount of time you can receive weekly vacation pay, you will get 27,480 won if you calculate the weekly vacation pay. At this time, the total weekly wage will be 164,880 won.

주휴수당
2022 Minimum Wage Weekly Holiday Allowance
If you work 8 hours a day, 5 days a week at the minimum wage, your weekly holiday allowance is 73,280 won. The weekly wage at this time is 439,680 won. This is calculated for workers who work by selecting hours, and those who receive monthly wages are automatically calculated. If you are working on the condition that you receive holiday pay, it would be a good idea to go to Company N and calculate it with a weekly holiday pay calculator. There should be no loss by comparing the calculated results and your own salary.

쉬운남자
Weekly holiday pay is something that short-term workers need to know. If you do not know the weekly holiday allowance and receive only the minimum wage in proportion to the hours worked, one day’s wages will disappear. Also, there are employers who take advantage of this, so it’s a good idea to find out about it and find a job.

Today, instead of a complicated calculation formula, I will explain the weekly holiday pay that you are having a hard time with.

First of all, the weekly holiday allowance is a paid holiday (day off after receiving money) to workers who have fulfilled the set number of working days in a week.

There are only three conditions under which this holiday pay applies.

1. Working more than 15 hours per week

2. Attendance for all the set number of working days (late or early departure, no correlation X)

3. When work continues in the next week

You only need to meet these three conditions, and you can pay monthly

There are places that calculate the weekly holiday allowance, and it is correct to calculate the weekly vacation pay separately because it is literally weekly vacation allowance.

I confirmed this by talking to the person in charge of the Ministry of Labor,

If there is a place that sometimes cuts out on a monthly basis, please justify it and ask for a correction.

So, how to calculate vacation pay?

Instead of the complicated calculation methods found on the Internet, I will explain briefly.
How to Calculate Weekly Holiday Allowance
To start with, just divide the number of hours you work in a week by 5 (days) and multiply by your hourly wage.
Example of holiday pay
example)

15 hours per week = 15 ÷ 5 × 9,160 = 27,480

For 30 hours worked per week = 30 ÷ 5 × 9,160 = 54,960

For 40 hours worked per week = 40 ÷ 5 × 9,160 = 73,280

Average working hours at the bottom of the table have been added for easy understanding.

In other words, if we assume that we work 5 days a week,

Think of it as your average weekly hours multiplied by your hourly wage (15 hours > 9,160 x 3 = 27,480).

Oh, and by the way, please note that holiday pay is only applicable for up to 40 hours!