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Pay cut + unpaid leave, but changing jobs - how will employer calculate holiday pay?
piratematt
Posts: 31 Forumite
My employer has recently introduced a 5% pay cut - and 4 days unpaid leave over Christmas.
Effective this month [July 09] for 12 months.
The 5% is repayable July 2010 if certain undisclosed targets are met.
The 4 days holiday is not.
I now lose 5% a month out of my pay - and a further unrepayable amount spread over 12 months to cover the 4 days unpaid leave.
However - I've just been offered a better job, starting in September.
The problem is that I'm due to go on honeymoon shortly - and will be using 18 days of my 20 days allowance.
Because our holidays run Jan-Dec, if I leave in September - I will have to buy some of my holidays out of my final pay.
I expect my employer is not going to be co-operative and will do their best to work in their favour.
So my question is - will my employer have to calculate my holidays at my new 5% reduced rate [in my favour] - or will they be able to calculate them at my old rate?
Also - because for July and September pay packets they will be taking further money from me to cover the unpaid leave I won't be actually be here for - will this be repayable to me - or can they write this off in their favour?
I'm scared that they will charge me full pre 5% cut for my holidays - and sting me for unpaid leave I won't enjoy!
Thanks for any advice
Effective this month [July 09] for 12 months.
The 5% is repayable July 2010 if certain undisclosed targets are met.
The 4 days holiday is not.
I now lose 5% a month out of my pay - and a further unrepayable amount spread over 12 months to cover the 4 days unpaid leave.
However - I've just been offered a better job, starting in September.
The problem is that I'm due to go on honeymoon shortly - and will be using 18 days of my 20 days allowance.
Because our holidays run Jan-Dec, if I leave in September - I will have to buy some of my holidays out of my final pay.
I expect my employer is not going to be co-operative and will do their best to work in their favour.
So my question is - will my employer have to calculate my holidays at my new 5% reduced rate [in my favour] - or will they be able to calculate them at my old rate?
Also - because for July and September pay packets they will be taking further money from me to cover the unpaid leave I won't be actually be here for - will this be repayable to me - or can they write this off in their favour?
I'm scared that they will charge me full pre 5% cut for my holidays - and sting me for unpaid leave I won't enjoy!
Thanks for any advice
0
Comments
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I'm not saying they won't do what you fear, but it's not what I would do. I haven't had to do sums for exactly that kind of position, but when someone changes the number of days worked I make the calculations based on so many months at so many days, and so many months at a different number of days.Signature removed for peace of mind0
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