Quizzes & Puzzles1 min ago
leaving a job in january, can i get holiday money?
Answers
No best answer has yet been selected by Kenzo. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.The statutory annual minimum holiday period is a number of days equivalent to 4 weeks employment. So, assuming that you work a 5-day week this will be 20 days. If you were to leave your job on, say, Friday 20th January, you would have worked for 3 weeks out of 52, so your holiday entitlement = 3 x 20/52 = 1.15 days (to 2 decimal places).
If your company observes public holidays, then you will have had Monday 1st January off. So you will only be entitled to additional pay equivalent to 0.15 x 1 day's pay.
If your company gives its staff 2 days holiday at the New Year (i.e. Monday 1st & Tuesday 2nd January) then you will have received 2 days holiday when you've only been entitled to 1.15. Your company then have every right to deduct an amount, equivalent to 0.85 x 1 day's pay from your final pay statement.
Chris
Howdo
I agree with Chris's calcualations but just a word of warning - the last two firms I've worked for will only pay holiday for entire months worked - my current company will only give you the holiday entitlement if you work to the last working day possible. So if you worked a normal mon-fri and the 29th Jan was a friday then you'd get it, but if it was the 28th and the monday was the 31st you wouldn't!
Hope this makes sense, you should be able to see on your terms and conditions of employment or call the HR department and ask, unless its a very small firm and you don't want people to know you may be leaving.
Hope this helps.
Polotoo
http://www.acas.org.uk/index.aspx?articleid=806
Here's a quote:
"How can holiday pay be calculated for a worker who left after only three days in employment?
An employer should define in the written statement of employment particulars what is a working week.
For example, based on a 5 day working week, 20 statutory days paid holiday are due in a year.
3/5 of a week = 0.6
0.6/52 x 20 = 0.2307692
This sum represents approximately a quarter of a day. Therefore, payment on termination for holiday accrued on the basis of three days work, would be around two hours pay."
So, it should be clear from that example that there's no need to work a full month to be entitled to holiday pay. Three days (or even less!) would be sufficient.
Chris
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