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When your vacation is: 2 weeks; vacation pay is 4% of earnings. 3 weeks; vacation pay is 6% of earnings, and. 4 weeks; vacation pay is 8% of earnings.
A vacation policy should include: amount of vacation employees are entitled to on an annual basis, whether this is pro-rated or not, whether time is given as a 'bucket' at the beginning of each year, or whether it is accrued throughout the year, and what the process is for requesting to take time off.
Imagine your employees work 40-hour weeks, or 2,080 hours a year, and you offer 2 weeks of vacation, or 80 hours. To find the hourly accrual rate, calculate: 80 hours / 2,080 hours = 0.038 hours of vacation earned per hour worked. This is your accrued vacation rate.
Vacation usually means paid vacation days or time taken off from work. Obviously you are going to have Saturdays and Sundays included in the period you take off if its two weeks.
If they're talking specifically about vacation days, then 10-20 days of paid vacation is very good. You'll be getting anywhere between two and four weeks off work per year, all of which is paid ? and it doesn't include sickness or holidays! In conclusion, it is normal to receive around 10 vacation days per year.