Talent Category Base Salary

[NiceCupOfTea]

If applying for a work to residence visa with an accredited employer under the talent category, the base salary for the occupation must be at least $55,000. For someone not salaried, how does INZ calculate the equivalent base wage? The website states that it is calculated on a 40 hour week, so I would make the assumption of 40 hours by 52 weeks meaning $26.50 hourly would equate to a $55,000 salary. Is my reasoning correct? Furthermore, assuming an hourly wage of just under the threshold calculated in this way, is 8% holiday pay included in the maths? i.e., $25 an hour doesn't equate to more than $55,000 yearly based on a 40 hour week over 52 weeks, but adding 8% to that figure does.

Thanks.

[l00k]

Base salary doesn't include holiday pay, child support or commission etc
so $55,000 base salary is equivalent to $55,000/2,080 = $26.44 per hour
and $25 per hour is translated to $52,000 per year base salary.

[NiceCupOfTea]

Base salary doesn't include holiday pay, child support or commission etc
so $55,000 base salary is equivalent to $55,000/2,080 = $26.44 per hour
and $25 per hour is translated to $52,000 per year base salary.

I know it states that base pay doesn't include commission or expenses, but it doesn't specify holiday pay. As holiday pay is an entitlement, if I work a full year with no annual leave and earn $52000, the company still owes me 8% on top of that. Is holiday pay specifically referred to on any INZ document anywhere?

Many thanks.