Vacation Pay Calculator 2026 – Calculate Annual Leave Pay and Holiday Bonus
The vacation pay calculator determines annual leave pay and holiday bonus gross and net based on monthly salary and vacation days. The tool accounts for calculation rules according to annual leave legislation.
Enter monthly salary and earned vacation days, and the calculator shows your daily vacation pay, vacation pay, and holiday bonus (50% of vacation pay amount). Holiday bonus is typically voluntary for employers but mandatory in many collective agreements.
How Much Holiday Bonus Do You Get in 2026?
Holiday bonus is usually 50% of annual vacation pay. Someone earning $3,500/month with 20 vacation days has gross vacation pay of about $3,185 (20 × 3500/22) and holiday bonus of about $1,592. Holiday bonus is typically paid before vacation starts or in August after vacation, depending on the collective agreement.
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Browse all tools →The holiday bonus calculator estimates holiday pay amount based on monthly salary and collective agreement terms. A useful tool for employees who want to anticipate vacation-related income.
Enter monthly salary and earned vacation days, and the calculator estimates holiday bonus amount.
- Calculate holiday bonus estimate based on monthly salary.
- View gross holiday bonus amount and net estimate.
- Understand the difference between vacation pay and holiday bonus.
Holiday bonus amount is based on collective agreements – it's not mandatory in all industries.
- Holiday bonus is usually 50% of vacation pay, but terms vary by collective agreement.
- Holiday bonus is taxable income subject to tax withholding.
- Holiday bonus and vacation return bonus may be different concepts in different agreements.
Holiday bonus payment is based on collective agreement or employment contract – it's not an automatic right.
- Check your industry's collective agreement terms for holiday bonus.
- Some employers may offer vacation bonus waiver as an alternative.
- The calculator provides estimates – exact holiday bonus comes from payroll calculation.