How the New Year holidays will affect the salary and is it profitable to extend the New Year holidays with vacation

bursa cpns - January is traditionally the shortest working month of the year: it has many non-working holidays (from the 1st to the 8th). To find out how wages will change in connection with this and whether it is profitable to take a vacation in January

How the New Year holidays will affect the salary and is it profitable to extend the New Year holidays with vacation


Will the salary change


In January 2023 there will be “long holidays”: according to the law, from January 1 to January 8 are non-working holidays. Considering that January 1 falls on a Sunday next year, for those who work a 5-day work week, the holiday will begin on December 31 (Saturday) and last until January 8 inclusive.

However, if you are on a fixed salary, long days off should not affect your pay. In accordance with Article 112 of the Labor Code of the Russian Federation, for such employees, the presence of non-working holidays in the month does not affect the amount of salary. In other words, "salaries" will not lose money.

If you are not set a salary, but, for example, an hourly tariff rate or piecework wages, there may be changes in salary. Everything will depend on how many hours in total per month you work or how much work you do. But the employer, according to the law, must pay additional remuneration to such employees if they do not work from January 1 to January 8. The amount of such remuneration should be determined by the local regulatory act of the organization.

If the employee is involved in work on non-working holidays, such work must be paid at a double rate.

Is it profitable to take a vacation


The presence of non-working holidays in a month reduces the number of working hours in it. To determine whether it makes financial sense to take a vacation in a particular month, you need to remember one simple rule: the fewer working days in a month, the more unprofitable the vacation is at that time. If there are few working days (or working hours) in a month, then it is more profitable to work and get paid.

Given this rule, January is the most unfavorable month of the year for using vacations. In January 2023, there will be only 17 working days (136 hours), which means that the cost of one working day will be higher compared to other months.

In January, the cost of one working day is likely to be higher than the cost of one day of vacation paid at the average. Therefore, in order not to lose money, it is better to work in January.

If you want to extend the New Year holidays, it makes sense to take a vacation the day before - in December 2022. In December 2022, there are 22 business days (176 hours), so there should not be a strong loss in money.