Crosswords0 min ago
Calculating Holiday Pay For
4 Answers
Someone who works term time only is very tricky. Or so I have been told.
Is there a 'simple' calculation that shows the holiday entitlement expressed ineer time or pay, for some one who works 38 wks a yr for a varying amount of time each week?
There is 'uplift' for those on a fixed hrs contract such as myself. I work for 5hrs 50 min per week term time only (38wks) and I get xx per hr with an uplift of yy to account for holiday pay making my take home pay zz. It also means I cannot take paid holiday in term time.
But can you do the same for someone who works a variety of hours each week term time only?.
Surely there must be a simpler way to calculate it based on actual hrs worked as opposed to yearly hrs stretched and compressed to express a figure over 52 wks???
In effect what I am asking is can it be calculated that if someone works 5 hrs they would have 'earnt' or accrued 10 minutes time or 50p in wages (as an example lol)
Is there a 'simple' calculation that shows the holiday entitlement expressed ineer time or pay, for some one who works 38 wks a yr for a varying amount of time each week?
There is 'uplift' for those on a fixed hrs contract such as myself. I work for 5hrs 50 min per week term time only (38wks) and I get xx per hr with an uplift of yy to account for holiday pay making my take home pay zz. It also means I cannot take paid holiday in term time.
But can you do the same for someone who works a variety of hours each week term time only?.
Surely there must be a simpler way to calculate it based on actual hrs worked as opposed to yearly hrs stretched and compressed to express a figure over 52 wks???
In effect what I am asking is can it be calculated that if someone works 5 hrs they would have 'earnt' or accrued 10 minutes time or 50p in wages (as an example lol)
Answers
1 to 4 of 4
Best Answer
No best answer has yet been selected by cassa333. 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.
Method 1:
Start here:
https:/
Method 2 (which is how most employment agencies work):
Simply use a multiplier, calculated as follows:
Someone who works a regular 5 day week is theoretically available for work on 52 x 5 = 260 days per year. (A pedant might argue that the figure should be 261 days, because there are 52 weeks and 1 day in a year, but 260 is normally used for the calculation). If they're given the minimum statutory leave of 28 days, that means that they actually work 232 days 'on' and 28 'off'. [i]So each hour worked gains 28 ÷ 232 hours = 7.2414 minutes of holiday.[i]
Start here:
https:/
Method 2 (which is how most employment agencies work):
Simply use a multiplier, calculated as follows:
Someone who works a regular 5 day week is theoretically available for work on 52 x 5 = 260 days per year. (A pedant might argue that the figure should be 261 days, because there are 52 weeks and 1 day in a year, but 260 is normally used for the calculation). If they're given the minimum statutory leave of 28 days, that means that they actually work 232 days 'on' and 28 'off'. [i]So each hour worked gains 28 ÷ 232 hours = 7.2414 minutes of holiday.[i]
1 to 4 of 4
