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zero hours contract? how is holiday pay calculated?
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many thanks for any replies i do get x
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No best answer has yet been selected by donna1901. 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.We pay our bank staff annual leave as ummmm says quarterly based on hours worked.
187.5 / 1950 x the hours employee has worked
This is based on company policy of five weeks holiday and usual FT working week of 37.5 hours (5*37.5 = 187.5) so if your allowance etc is different you'll have to allow for that.
187.5 / 1950 x the hours employee has worked
This is based on company policy of five weeks holiday and usual FT working week of 37.5 hours (5*37.5 = 187.5) so if your allowance etc is different you'll have to allow for that.
Holiday pay should be provided at a rate equal to 12.07% of actual pay. i.e, for every £1 of gross pay paid to the employee, the employer should add on 12.07p to their holiday entitlement. Alternative methods of calculation may be used but their effect must not be so as to reduce holiday pay below that calculated by the method I've given.
See 'Casual or irregular working patterns' here:
http://www.direct.gov...dholidays/DG_10034642
Chris
See 'Casual or irregular working patterns' here:
http://www.direct.gov...dholidays/DG_10034642
Chris
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