Holiday Pay Calculations to Change on 6th April

An important change is coming to the holiday pay reference period, regarding the calculation of holiday pay entitlement for employees and workers. Until now, average weekly pay for holiday pay purposes has been calculated using a twelve-week reference period. Only those weeks where monies have been earned are counted; weeks of annual leave, sickness absence or nil earnings are not included in the calculation. Neither are those where an individual has been in receipt of statutory payments such as paternity pay. This means that you must count backwards until the individual has twelve successful weeks of earnings....
This is member only content

Please LOGIN to read the full article.

Not a member? Please click here to join today.

More from Industry

Close