CalcHub
Free Salary & Tax CalculatorAs of 2024
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hourly wage9,860 won
원
9,860 (minimum)30,00060,000100,000
Standard working hours per week40 hours
hour
1 hour15 hours30 hours52 hours
Weekly holiday allowance accrues upon working 15 hours or more per week + perfect attendance during the week. 2024 minimum hourly wage: 9,860 won.
Calculation result
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After entering the hourly wage and weekly working hours
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Weekly holiday allowance (Company)
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Whether weekly holiday allowance is generated—
Weekly holiday allowance (Company)—
Weekly wage including holiday allowance—
Monthly salary including weekly holiday allowance—
hourly wage—
Weekly working hours—
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What is weekly holiday allowance?
Weekly holiday allowance is a system under Article 55 of the Labor Standards Act in which an employer must provide at least one paid holiday per week on average to a worker who has worked the prescribed number of working days in a week without absence.
Weekly Holiday Allowance Calculation Formula
Weekly Holiday Allowance = Standard Weekly Working Hours ÷ 40 × 8 hours × Hourly Wage
(However, for work of 40 hours or more per week, 8 hours × hourly wage)
(However, for work of 40 hours or more per week, 8 hours × hourly wage)
Workers working less than 15 hours per week are not entitled to weekly holiday allowance. Part-time workers are also guaranteed to receive weekly holiday allowance if they work 15 hours or more per week.
Frequently Asked Questions
What are the conditions for weekly holiday allowance?
You must agree to work at least 15 hours per week and have perfect attendance without absence during that week. This applies equally to part-time andアルバイト (part-time) workers.
What happens if the weekly holiday allowance is not paid?
Failure to pay weekly rest allowance may result in imprisonment for up to two years or a fine of up to 20 million won for violating the Labor Standards Act.
Is weekly holiday allowance included in the calculation of the minimum hourly wage?
Yes, when applying the minimum wage, the converted hourly rate including weekly holiday allowance must be equal to or greater than the minimum hourly wage.
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