Jump to content
Home
Forum
Join Us
Articles
About Us
Tapestry

Holiday Pay


Shiny
 Share

Recommended Posts

I was wondering if anyone can help me. I am now panicing because I think I have been calculating all our holiday pay incorrectly!! xD

 

Are we entitled to 24 days holiday pay or 18 as we work term time only? I have been working it out as 24!! :o

 

Has anyone got a formula for working it out? :(

 

HELP!!!! :(

Link to comment
Share on other sites

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

Link to comment
Share on other sites

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 :o

Edited by chicken
Link to comment
Share on other sites

 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue. (Privacy Policy)