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Settlement agreement amount and holiday
22helz
Posts: 9
Forumite
I’ve worked at the company for 18months, salary £32k plus shift (£3.4), grade (£0.96k) & licence (£1.2k) payments per annum. I have been suspended and offered a settlement agreement, finish work 31/12/2020 £7.5k tax free, 1 month pilon basic pay and 12 hours outstanding holiday. I’m happy to go.
holiday 01/04/20 - 31/03/21 282 hours inc 37 purchased (paying monthly) 01/04/20-31/12/20 - prorata 222hours
As at today taken 156 hours, booked 23-31/12 - 54 hours.
As at today taken 156 hours, booked 23-31/12 - 54 hours.
1. Is £7.5k reasonable?
2. Pilon at basic rate?
3. Is the 12 holiday hours to be paid correct? If I’m suspended, should that supersede the holiday?
2. Pilon at basic rate?
3. Is the 12 holiday hours to be paid correct? If I’m suspended, should that supersede the holiday?
Many thanks
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