Below are the wage calculations for a worker who works a certain amount of hours per week and a certain amount of weeks per year. The monthly pay includes the holiday entitlement (factor 5.6).
Calculations are based on UK policies. Details can be found at: direct.gov.uk.
The formula used is:
Please contact the author in case of errors and questions at: L. Hofmann-Engl
Chameleon Group of Composers 2008