Home Business & Industry UK Ranks Outside of the Top 30 Countries for Public Holiday Pay

UK Ranks Outside of the Top 30 Countries for Public Holiday Pay

Reading Time: 2 minutes

Last Sunday marked United States’s most patriotic public holiday, Independence Day, and Research from Ezra, the leading provider of digital coaching, has found that America also ranks within the top 10 countries providing the most public holiday pay throughout the course of the year. Unfortunately, the UK fails to even make the top 30.

Ezra looked at the number of public holidays across each country, before analysing the average daily net income available, to reveal which nations offer the highest level of pay while celebrating public holidays.

El Salvador, Nicaragua and Myanmar offer the most public holidays of any country, with a total of 32 official public holidays, bank holidays government holidays, non-working national holidays or sectorial holidays over the course of the year.

However, It’s Switzerland that offers the best combination of additional holiday days at the highest rate of pay. The average person in Switzerland earns a net income of £130 per day and with a total of 24 public holidays throughout the year, that’s a £3,131 paycheque for public holiday time off.

Luxembourg also ranks high despite having just 15 public holiday days per year, as the average earnings of £120 per day sees these 15 days off equate to $£1,802.

In Israel, 24 days of public holiday equate to a total of £1,796 in earnings while taking time off, with Norway (£1,692) and Iceland (£1,380) also ranking within the top five.

In the US, the average person will have earned £110 this Independence Day and a further 11 national holidays throughout the year boost this sum to £1,323 of national holiday pay.

Sweden, Kuwait, Denmark, and Austria also rank within the top 10 countries offering the highest level of pay across the number of national holidays available.

In contrast, the United Kingdom sits 32nd on the list, with just eight national holidays and an average daily net income of £71 equating to just £570 in public holiday pay.

At the bottom of the rankings, Burundi may have a total of 14 public holidays a year, but with the average person earning just 40 pence a day, public holiday paycheques total just £6.

Founder of Ezra, Nick Goldberg, commented: ‘Public holidays are a great way to boost national sentiment and offer an opportunity to come together and celebrate as a nation, whether it be in memory of a historic moment or simply a long weekend.

‘It’s interesting to see that those nations offering some of the highest levels of income also offer a good level of public holidays and it goes to show that motivation and productivity aren’t solely dependent on working all hours of the day.’

© Copyright 2014–2034 Psychreg Ltd