Redundancy and holiday pay

saxbyd123

Hello

I am currently in consultation on a redundancy. I have been made an offer but no mention has been made of holiday pay.

I understand you should also be paid for any unused holiday as part of your redundancy settlement.

By the time we reach an agreement it will be April and I will have 28 days holiday for the year ahead. Can anyone tell me how this impacts on my final redundancy package? Is all of this holiday taken into account, or a certain percentage?

Thank you for any insights.

TadleyBaggie

You will be only entitled to be paid for holidays that you have actually earned, so roughly just over 2 days per month worked.

General_Grant

Yes, you accrue holiday in proportion to the time up to the termination of your employment. So, if you are employed for, say, 10 weeks, you would accrue 10/52 of the 28 days, ie 5.4 days (to one decimal place).

There are different ways of working out the proportion - for instance a 24/7 operation with people varying their shifts might use a 365 day calculation.

Do you normally work bank holidays? If not, then you would use up one of your days for Easter Monday. And there are also a couple of bank holidays in May if you are employed that long.