[Finance] part time contracted work and August Bank Holiday

[Pevenseagull]

If I do 14 hrs a week

I should get 2 hrs and 45 minutes holiday pay


14/37.5 = .37333 x 7.5 = a bit over 2 and 3/4hrs?

 

[Pevenseagull]

..........just a bit pissed off

 

[Shropshire Seagull]

Holiday pay is usually accrued by days worked, even for part-timers, in increments of half-days, so you can't accrue 1 hour of holiday...

Take numbers of days holiday entitlement, e.g. 25 days per year and divide by number of working days in the year [365 - 104 (weekends) - 8 days statutory bank holidays = 253
If you only work 2 days per week, you'll need to calc your working days per year accordingly

holiday accrual = entitlement / working days e.g. 25 / 253 = 0.0988
So if you worked 30 days you will have accrued 2.96 days of holiday entitlement - HR may round up to 3 or down to 2.5, depends how nice they are ....

 

[Saunders]

If I do 14 hrs a week

I should get 2 hrs and 45 minutes holiday pay


14/37.5 = .37333 x 7.5 = a bit over 2 and 3/4hrs?

Not that much 14 hours in one week would be 1 hr 41 minutes (assuming you are part time irregular hours and using the 12.07% calculation).

Below is from the gov website.

Calculating Holiday Entitlement

There's a legal entitlement for all workers of 5.6 weeks holiday per year, which equates to 28 days for a person who works 5 days a week.
The simple calculation for a full-time worker

The easiest way to work out the number of days annual allowance you should take your number of days worked a week and multiply this number by 5.6

So if you work 5 days per week then multiply this by 5.6
5 × 5.6 = 28 (28 days holiday).
Calculation for a part-time worker

For a part-timer it works on the same principle. Multiply the days in a normal working week for you by 5.6

So if you work 3 days every week then multiply this by 5.6
3 × 5.6 = 16.8 (16.8 days holiday).
Irregular hours or casual workers

If you work casual hours, irregular hours or a zero hour contract then the best way to keep up with entitlement is to add this up as you work. The annual allowance calculates as 12.07% of each hour you work.

This can be calculated as follows:
5.6 weeks entitlement divided by 46.4 weeks (which is 52 weeks minus the 5.6 weeks) then multiplied by 100 comes out at 12.07%

So if you have worked for 12 hours over the course of one week then this would mean 87 minutes paid holiday had been accrued.
12 hours × 12.07% = 1.45 hours which is the same as 87 minutes.

Add these up each week to see how it builds over the year.
A shift worker

Shift workers also have their own calculation. You need to take the average of the shifts worked over the last 12 weeks.

So if your shift pattern is 4 shifts of 12 hours and the 4 days off on a rolling pattern then over the 12 weeks you average 3.5 shifts of 12 hours each per week. So annually this works out as 19.6 sets of 12 hours as your annual holiday entitlement.
5.6 weeks × 3.5 shifts = 19.6 12 hour shifts.

 

[Pevenseagull]

cheers folks

in the interim I've done some more work .......... and they've got back to me and have been very helpful.