Annual Leave Value Calculator

How annual leave value is calculated

Your daily rate is your annual salary divided by the number of working days in the year. For a standard 5-day week that is 260 days (5 x 52). Each day of holiday is worth exactly one daily rate, so a £35,000 salary gives a daily leave value of £134.62.

Part-time workers should enter their actual contracted days. Working 3 days a week means 156 working days per year, giving a higher daily rate for the same annual salary as the salary is spread across fewer days.

UK statutory minimum leave entitlement

All workers in the UK are legally entitled to 5.6 weeks of paid holiday per year. For a full-time worker on 5 days a week that comes to 28 days. Part-time workers get a proportional entitlement based on their pattern (for example, 3 days per week gives a statutory minimum of 16.8 days, rounded up to 17).

Employers can choose whether bank holidays count toward this total or are given on top. The 28-day figure already includes the 8 UK bank holidays if your employer counts them as part of your allowance.

Holiday pay when you leave a job

When you leave a job, your employer must pay you for any accrued but untaken statutory annual leave. This is calculated at your daily rate for each day outstanding. The calculator above shows exactly what that figure should be based on your current salary and remaining days.