WORK & MONEY
Average earnings calculator
Enter pay and actual time worked for the last 6 calendar months to calculate average daily, hourly and monthly earnings.
This calculator is intended for Latvia and follows the current wording of Section 75 of the Labour Law.
How are average earnings calculated?
Calculation period
Section 75 of the Labour Law generally uses the last six calendar months. The calculation includes salary, supplements provided by law, a collective agreement or employment contract, and bonuses.
Average daily earnings
For normal working time, total eligible pay is divided by the number of days actually worked. Sick leave, annual leave and other qualifying justified absences are not counted as days worked.
Hourly earnings and summarised working time
Average hourly earnings are total eligible pay divided by hours actually worked. For summarised working time, average daily earnings are derived from the hourly average and the average number of hours worked per working day.
Average monthly earnings
Average daily earnings are multiplied by the average number of calendar working days in the previous six calendar months. The calculator fills these days automatically, but you can edit the values if needed.
If employed for less than six months
Average daily or hourly earnings are calculated from the actual period of employment. Months before employment began can be left at zero.
Holiday pay and other payments
The amount payable is generally found by multiplying average daily, hourly or monthly earnings by the number of payable days, hours or months. For annual leave, use the working days or hours falling within the leave period.
Sources and important note
The result is for information only. With unusual schedules, long absences, part-time work or disputes, the final calculation should be checked by the employer, payroll professional or labour-law specialist.