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Holiday Pay...

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Comments

  • Hammyman
    Hammyman Posts: 9,913 Forumite
    clb776 wrote: »
    If he doesnt take any paid holiday he then gets the holiday pay he has accrued in one lump sum on the anniversary of his start date.

    Technically this means that he does not get the minimum 5.6 weeks per year paid holiday, I just wondered if anyone elses employers had wierd ways of calculating holiday entitlement!

    Ah, his employers work the same as an agency I was at. For every hour worked, an amount was put into a "holiday pot". When you went on holiday the holiday pot was paid out.

    Trust me, after years on agencies working with all the ways of calculating holiday pay possible for variable hours, its the fairest way in a job where the hours vary as the other option is an average of the last 13 weeks which screws you over if you have a good few weeks then 10 bad ones or you leave it more than 13 weeks between breaks and the last 13 have been poor ones.

    Yes he DOES get the minimum 5.6 weeks holiday PAY. What he has to do is to put money aside he's paid to cover that if they pay the pot out in one lump sum.
  • Hammyman
    Hammyman Posts: 9,913 Forumite
    I expect other employers also don't calculate it in accordance with the law.

    It is being calculated in accordance with the law.
  • Mudd14
    Mudd14 Posts: 856 Forumite
    It is being calculated just not paid within the law. Obviously as pointed out the statutory holiday canot be paid in lieu. If employees have not taken their entitlement by the end of the year and you have not restricted them taking it they should really lose it rather than being paid in lieu!
  • LittleVoice
    LittleVoice Posts: 8,974 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hammyman wrote: »
    It is being calculated in accordance with the law.
    I would say that calculating how/when to pay it is part of the calculation.
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