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1020. How is the 'Holiday Scheme Common Denominator Base Unit' calculated for Holiday Scheme 1?
 
The 'Holiday Scheme Common Denominator Base Unit' is used to determine how much holiday accrues per hour worked and is calculated by the program in the following way: Annual working days multiplied by the hours worked per day = total hrs worked per annum. Annual holiday entitlement divided by the total hrs worked per annum = Common Denominator Base Unit.