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Holiday pay formula/method
Somar24
Posts: 1 Newbie
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
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
0
Comments
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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_100346420 -
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 days0
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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.0
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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 days0 -
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.0
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