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Furlough pay/holiday pay
amd2014
Posts: 5 Forumite
Is this correct
10/07
Gross pay £261.60
Furlough pay £145.91
Holiday pay £115.69
5 days holiday taken
Net pay £246.51
17/07
Gross pay £215.33
Furlough pay £145.91
Holiday pay £69.42
3 days holiday taken
Net pay £207.64
A worker on furlough is entitled to holiday pay calculated in line with current legislation. Essentially this means that they must be paid holiday pay at their normal rate of pay (ie their pre-furlough wage). For workers only receiving 80 per cent of pay while furloughed, or pay capped at £2,500, this means that employers will need to top up the balance between what the worker is receiving and their normal rate, to ensure that workers receive 100 per cent of normal pay while on holiday. Employers will continue to receive the 80 per cent grant covered by the JRS, but must fund the top up themselves.
I would normally work a 5 day week 30 hours a week 6 hours a day
Really lost in trying to work it out any help would be appreciated
10/07
Gross pay £261.60
Furlough pay £145.91
Holiday pay £115.69
5 days holiday taken
Net pay £246.51
17/07
Gross pay £215.33
Furlough pay £145.91
Holiday pay £69.42
3 days holiday taken
Net pay £207.64
A worker on furlough is entitled to holiday pay calculated in line with current legislation. Essentially this means that they must be paid holiday pay at their normal rate of pay (ie their pre-furlough wage). For workers only receiving 80 per cent of pay while furloughed, or pay capped at £2,500, this means that employers will need to top up the balance between what the worker is receiving and their normal rate, to ensure that workers receive 100 per cent of normal pay while on holiday. Employers will continue to receive the 80 per cent grant covered by the JRS, but must fund the top up themselves.
I would normally work a 5 day week 30 hours a week 6 hours a day
Really lost in trying to work it out any help would be appreciated
0
Comments
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I think you should ask your HR / Payroll to explain it. What doesn't make sense to me is in the first week you appear to have taken 1 weeks holiday but it's been paid at a lower rate than the furlough pay. To my mind it should be 20% more. Sorry I'm no help but I am agreeing it's not very clear!0
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hourly rate would probably make it easier to work out0
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