diff --git a/erpnext/hr/doctype/employee/employee.py b/erpnext/hr/doctype/employee/employee.py
index 593b0fb..18b166b 100755
--- a/erpnext/hr/doctype/employee/employee.py
+++ b/erpnext/hr/doctype/employee/employee.py
@@ -238,7 +238,7 @@
 		holiday_list = frappe.db.get_value("Company", company, "default_holiday_list")
 
 	if not holiday_list and raise_exception:
-		frappe.throw(_('Please set a default Holiday List for Employee {0} or Company {0}').format(employee, company))
+		frappe.throw(_('Please set a default Holiday List for Employee {0} or Company {1}').format(employee, company))
 
 	return holiday_list