Shiny Posted January 9, 2009 Share Posted January 9, 2009 I was wondering if anyone can help me. I am now panicing because I think I have been calculating all our holiday pay incorrectly!! Are we entitled to 24 days holiday pay or 18 as we work term time only? I have been working it out as 24!! Has anyone got a formula for working it out? HELP!!!! Quote Link to comment Share on other sites More sharing options...
Guest Posted January 9, 2009 Share Posted January 9, 2009 acas tell me that you take the number of days you work x 4.8 then dividede the answer by 12 (months of the year) then x 9 which is the months you actually work which means if you work 5 full days 5x4.8= 24 24/12=2 2x9=18 days Quote Link to comment Share on other sites More sharing options...
HappyMaz Posted January 9, 2009 Share Posted January 9, 2009 And here's a link to a previous discussion about holiday pay which might help. Inge's post has a link to holiday entitlement calculation which is very useful. Maz Quote Link to comment Share on other sites More sharing options...
chicken Posted January 9, 2009 Share Posted January 9, 2009 Do not forget holiday entitlement changes on 1st April from 4.8 to 5.6. Quote Link to comment Share on other sites More sharing options...
Guest Posted January 9, 2009 Share Posted January 9, 2009 that link is calculating holiday for staff that work 52 weeks a year. but it does not take into considerstion that we work only 39 of thos 52 weeks so our holiday should be calculated over 9 months which is what we work for all pay is spread over 12 Quote Link to comment Share on other sites More sharing options...
lynned55 Posted January 11, 2009 Share Posted January 11, 2009 (edited) I have posted a reply and (hopefully) a file with a formula for working this out in the other post titled CONTACT of EMPLOYMENT Edited January 11, 2009 by lynned55 Quote Link to comment Share on other sites More sharing options...
chicken Posted January 13, 2009 Share Posted January 13, 2009 (edited) found this in the PSLA under 5 magazine for november 2008. This is the example they give, I used this and just changed the number of hours worked each week for my staff. If a worker works 15 hours a week (A) for 38 weeks of the year ( B ) they work a total of 570 hours a week ( C ) or 11.88 hours a week (D) over 48 weeks 0f the year. The holiday entitlement is 5.6 weeks x 11.88 hours a week = 66 hours holiday pay. A x B =C 15 x 38 =570 C divided by 48 = D 570 DB 48 = 11.88 5.6 x D = holiday entitlement per year in hours 5.6 x 11.88 = 66 we then took the entitlement and divided by 12 (months) then x by houly rate to know how much we would be paid each month for your holiday pay. Yours is all accured over the year and paid in a lump sum in august. Very much needed by then with children at home for the holidays Edited January 13, 2009 by chicken Quote Link to comment Share on other sites More sharing options...
Guest Posted January 15, 2009 Share Posted January 15, 2009 this is the most up to date information from the pre school learning alliance holiday_entitlement_Sept_08_1_.pdf Quote Link to comment Share on other sites More sharing options...
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