What does this tool do?
The count starts from a reference date and counts weekdays up to the retirement date, then deducts an assumed number of public holidays each year. Part-time schedules are not modelled.
The Formula
Working days = weekdays in range − (years × public holidays per year)Frequently Asked Questions
Does the count include the reference date?
Yes, the reference date is counted if it is a weekday. The retirement date is also included when it falls on a weekday.
How accurate is the holiday deduction?
It is a planning estimate based on the annual allowance you enter. Real public holidays vary each year and by region, so the final figure can differ.