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Holiday pay formula/method

If anyone could answer this question I would be ever so grateful;
I recently resigned from my job and they have told me that I have accrued 16 days of annual leave and worked a total of 332.25 hours with the company since my employment with them back in November 2011. They have calculated my pay as follows;
332.25 hours
divided by 28 weeks
divided by 5 days ( average working week)
You will now have your average hours worked per day
Times this figure by 16 ( the number of days that you have accrued to date)
Times again by £6.40 !( your hourly rate)
The outstanding holiday pay owed to you is £243

Surely the above method cannot be right. Should not the number of days I have accrued (16) be multiplied by my normal hours worked per day (6.5hrs) then multiplied by my hourly rate (£6.40)

Someone please confirm whether this is the right way or not because I feel like I am getting ripped by off by this company.
Thank you in advance

Comments

  • try this



    Casual or irregular working patterns

    If you work casually or irregular hours it may well be easiest to calculate the holiday entitlement that accrues (accumulates) as hours are worked. The holiday entitlement of 5.6 weeks is equivalent to 12.07 per cent of the hours you worked. The 12.07 per cent figure is:
    5.6 weeks' holiday, divided by 46.4 weeks (being 52 weeks - 5.6 weeks) multiplied by 100 = 12.07 per cent
    The 5.6 weeks have to be excluded from the calculation as you would not be present during the 5.6 weeks in order to accrue annual leave. For example, if you had worked 10 hours, you would be entitled to 72.6 minutes' paid holiday:
    12.07 per cent x 10 hours = 1.21 hours = 72.6 minutes
    The holiday entitlement is just over seven minutes for each hour worked.

    or
    Shift workers

    If you are a shift worker your leave is calculated by using an average of your shifts over a 12 week period.
    For example, if you always work four 12 hour shifts, followed by four days off (the ‘continental’ shift pattern) then the average working week is three-and-a-half 12 hour shifts. You would be entitled to 19.6 shifts of 12 hours as annual leave a year:
    5.6 weeks x 3.5 shifts = 19.6 12 hour shifts
    For other shift patterns, it may be easiest to calculate according to the established pattern of repeat.



    http://www.direct.gov.uk/en/Employment/Employees/Timeoffandholidays/DG_10034642
  • You have not said when the holiday years starts where you work and if you have taken any holiday at all in that time. If you have then what you are due will not be 16 days
  • paddedjohn
    paddedjohn Posts: 7,512 Forumite
    Part of the Furniture
    How many days per week did you work? How many hours per day? When does the holiday year run from-to? How may days have you had so far?
    Be Alert..........Britain needs lerts.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Somar24 wrote: »
    If anyone could answer this question I would be ever so grateful;
    I recently resigned from my job and they have told me that I have accrued 16 days of annual leave and worked a total of 332.25 hours with the company since my employment with them back in November 2011. They have calculated my pay as follows;
    332.25 hours
    divided by 28 weeks
    divided by 5 days ( average working week)
    You will now have your average hours worked per day
    Times this figure by 16 ( the number of days that you have accrued to date)
    Times again by £6.40 !( your hourly rate)
    The outstanding holiday pay owed to you is £243.

    Surely the above method cannot be right. Should not the number of days I have accrued (16) be multiplied by my normal hours worked per day (6.5hrs) then multiplied by my hourly rate (£6.40)

    Someone please confirm whether this is the right way or not because I feel like I am getting ripped by off by this company.
    Thank you in advance

    where has 332.25 hours come from.

    if you work 6.5hrs, 5 days a week for 28 weeks thats 910hrs



    as above need more info

    Holiday year
    Full timers holiday
    Your hours days weeks worked, contractual and actual

    holidays taken and paid for ithin the holiday year(what was paid on these days
  • liney
    liney Posts: 5,122 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    You say that you worked 6.5 hours per day yet you only worked 332.25 hours over 28 weeks.

    332.25/28 week is only 11.86 hours per week.

    Which is it?
    "On behalf of teachers, I'd like to dedicate this award to Michael Gove and I mean dedicate in the Anglo Saxon sense which means insert roughly into the anus of." My hero, Mr Steer.
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