Most people can calcualate Holiday pay for Full Time staff, but many of our clients get in a pickle when faced with Part Timers.
Here at Quickpaye we can simplify all of this for you!
Full time staff are entitled to 5.6 weeks every year, which can be built up over each month. It equates to 28 days per year, and on a monthly basis this is 2.33 days per month.
For Part time staff, the easiest way to calculate their holiday is on a monthly basis, using the calculation of 12.07% of their hours worked per month, or for that period.
For example:
Tracey worked 45 hours this month, therefore 45 x 12.07% will give her 5.43 hours hols pay.
So if you have a problem with calculating this, give us a call, Quickpaye can take that headache away, and allow you to have a great SUMMER BREAK!