We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Bank holiday pay

I work in retail and if you choose to work a bank holiday you get paid time and a half. However if you choose not to work it you still get paid for a whole day. So i was thinking is it worth working a bank holiday. Lets say for example i get paid £5 a hour i could stay at home and get paid this where if i went to work i would get pai £7.50 an hour so really im only getting £2.50 to go to work. Is this correct or have i got everything muddled up?
How lucky am I to have something that makes saying goodbye so hard - Winnie the Pooh
«1

Comments

  • mrcow
    mrcow Posts: 15,170 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Where I work, you get paid normal hours if you don't work bank holiday.

    And you get paid normal hours plus double time overtime if you go into work.
    "One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
    Because by then you've blown your chances. That's it."
  • iceicebaby
    iceicebaby Posts: 3,633 Forumite
    Part of the Furniture Combo Breaker
    Where I work if you work a bank holiday you get no extra pay but you get the day back to have off when you want. We have to work bank holidays on a rota on this basis and end up doing about 2 out of the 8 per year
    Baby Ice arrived 17th April 2011. Tired.com! :j
  • shazspice
    shazspice Posts: 1,466 Forumite
    Part of the Furniture Combo Breaker
    so mrcow if u get paid £5 an hour would u get paid £15 an hour on a bank hol?
    How lucky am I to have something that makes saying goodbye so hard - Winnie the Pooh
  • Tarry
    Tarry Posts: 11,195 Forumite
    I done a 11 hour shift last Friday (bank holiday) and I'm not sure if I got paid any extra for doing so, some staff say I do and some staff said I didn't. I think I've got a day in "lieu" though.
    The Very Right Honourable Lady Tarry of the Alphabetty thread
    -I just love finding bargains and saving money
    I love to travel as much as I can when I can
    Life has a way to test you, it's how you deal with this that matters
  • Reds-on-Sea
    Reds-on-Sea Posts: 428 Forumite
    yes, I think that's what Mrcow means.

    if you get time x 1.5 on a bank holiday, but everyone gets paid for the day anyway. (I think this is the same as my work) then, at the end of the day, taking everything into account, you'll have 2.5 x your basic salary for that day. £5 an hour = £12.50 an hour.

    BUT best to double check. I'd be fuming if I found out I'd worked a day for 1/2 time!
  • LittleVoice
    LittleVoice Posts: 8,974 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 13 April 2009 at 7:40PM
    shazspice wrote: »
    I work in retail and if you choose to work a bank holiday you get paid time and a half. However if you choose not to work it you still get paid for a whole day. So i was thinking is it worth working a bank holiday. Lets say for example i get paid £5 a hour i could stay at home and get paid this where if i went to work i would get pai £7.50 an hour so really im only getting £2.50 to go to work. Is this correct or have i got everything muddled up?

    No you're not. You are being paid £7.50/hour plus you have a day's holiday to take at another time (when you will be paid £5/hour).

    Look at it another way - stay at home on a bank holiday and get £5/hour but lose a day's holiday.

    What you actually want to do depends on how much you value having a particular day off compared with the EXTRA cash.
  • shazspice
    shazspice Posts: 1,466 Forumite
    Part of the Furniture Combo Breaker
    No you're not. You are being paid £7.50/hour plus you have a day's holiday to take at another time (when you will be paid £5/hour).

    Look at it another way - stay at home on a bank holiday and get £5/hour but lose a day's holiday.

    What you actually want to do depends on how much you value having a particular day off compared with the EXTRA cash.

    i dont think we get a days holiday to take at another time
    How lucky am I to have something that makes saying goodbye so hard - Winnie the Pooh
  • mrcow
    mrcow Posts: 15,170 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    shazspice wrote: »
    so mrcow if u get paid £5 an hour would u get paid £15 an hour on a bank hol?
    You'd get your normal wage then plus double time per hour whatever you worked - so the short answer is "yes" ;)
    "One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
    Because by then you've blown your chances. That's it."
  • lil_lady_2
    lil_lady_2 Posts: 138 Forumite
    edited 13 April 2009 at 7:59PM
    ok my partners normal wage was £7ish and his time and a half was £11 ish . but never had the bank holiday option.
    today he was paid £100 for 2 hours work but thats becouse they knew he was looking forward to this bank holiday.(someone didn't turn up to work).
  • LittleVoice
    LittleVoice Posts: 8,974 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    shazspice wrote: »
    i dont think we get a days holiday to take at another time

    What is your contractual holiday entitlement?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.