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What does holiday pay accrued mean?
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# 1
Elmiee
Old 21-10-2009, 12:37 AM
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Default What does holiday pay accrued mean?

This is my first job I've been in long tern, almost 11 months now. After a year I get the holiday pay I'm owed as I've not taken it, however I'm unsure of what this means on my payslip.

On my recent payslip it has Holiday Entilement Accrued: 4.26 and below that is has Holiday Pay Accured: 712.97

What exactly do these two things mean exactly?! Lol
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# 2
Savvy_Sue
Old 21-10-2009, 12:54 AM
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I can't tell you exactly what those numbers mean, but 'accrued holiday entitlement' is the amount of holiday you would be entitled to take and be paid for, and 'holiday pay accrued' means how much you'd be paid if you left without taking that holiday.

I'm guessing that after 11 months you might have 'earned' 4.26 weeks' worth of leave, because the minimum statutory entitlement is 5.6 weeks or 28 days, but this can include bank holidays and assumes you're working days per week. And I can't quite get to that figure.

HOWEVER you do need to check whether your employer will pay you for leave not taken if you're staying in the job, because I didn't think you could pay someone NOT to take their leave. And some employers will let you carry some over to the next leave year, and some won't.

If the job is only temporary then you could work without taking any paid leave and get your holiday entitlement paid at the end.
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# 3
Elmiee
Old 21-10-2009, 1:01 AM
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Oh it makes a bit more sense now! I thought it was days not weeks haha which is why the 2nd figure made no sense at all. So in theory my holiday pay that should be paid is the 2nd figure? I think it's kind of right as I get paid ever 2 weeks and get about 300-330 though that comes in less that what it's saying. hmm!

And it is only tempory work and I'm pretty sure we get it paid to us as it's not carried over to the next year, my manager tried getting me to take some holiday a few months ago but I refused for the reason I want it in one lump sum on top of my usual wages! I work at McHell (Mc Donalds) just been applying to new jobs as it's defo time to leave that place and with all christmas temp work going I'll be mad not to take a chance on getting something better! :]

My start date and 1 year annversary is 6th December so it's not too long away
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# 4
Savvy_Sue
Old 21-10-2009, 1:20 AM
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Do just check that they will pay you accrued wages if you work beyond 6th December then, or make sure you leave before that!
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# 5
Mudd14
Old 22-10-2009, 6:50 PM
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Just to note statutory holiday cannot be paid ontop of wages, it must be taken to ensure your company is complying with working time directives.
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# 6
McKneff
Old 22-10-2009, 6:54 PM
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Yes, do check about your holidays, some companies say if you dont take them you can lose them. and you payslip figures will go down to nil.
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# 7
McKneff
Old 22-10-2009, 6:55 PM
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Quote:
Originally Posted by Mudd14 View Post
Just to note statutory holiday cannot be paid ontop of wages, it must be taken to ensure your company is complying with working time directives.
Wow, i didnt know that.
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# 8
LittleVoice
Old 22-10-2009, 8:26 PM
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Yes, and the holiday needs to be taken "in year" not after it - except, IIRC, the extra parts of a week which have been added since the original 4 week (built up from 3 week) entitlement.
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# 9
qw3rt7
Old 23-10-2009, 7:23 AM
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Yeah this is important! If you leave before you have completed a year, your outstanding holiday will be paid. However, if you work for over a year, having been given the opportunity to take holiday AND refused to do so, there is no obligation to pay it or carry it over!!!
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# 10
Uncertain
Old 23-10-2009, 9:52 AM
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Quote:
Originally Posted by Mudd14 View Post
Just to note statutory holiday cannot be paid ontop of wages, it must be taken to ensure your company is complying with working time directives.
True but you can be paid for instead of taking any contractural holiday above the statutory minimum. So, for example, if you are entitled to 33 days but only take the statutory 28 some firms may opt to pay you for the extra five days.
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