Tuesday, September 18, 2007
Holiday increases from October
The start of October (again 2007) sees a change to the minimum amount of statutory holiday that employers are obliged to pay their staff.
From the start of next month, employers are obliged to pay their staff a minimum of 24 days paid annual holiday leave. This is inclusive of bank holidays. There is no qualifying period, and as previously, the increase will be calculated on a pro rata basis for part-time workers whether they usually wok on bank holidays or not.
The increase will be calculated from the start of October and should be calculated in proportion to the individual company's holiday year. The DTI will be setting up an oline calculator to help employers work things out.
There is a second planned increase in holiday pay entitlement ( a further four days ) but this will not be implemented for a little while - possibly 1st April 2009.
So, it's good news for employees, and more cost for employers. Hopefully the extra break will mean that staff return to work raring to go, and increased productivity will be the order of the day.
If you've got any questions about this - contact Holmes Wild. Tel: 01582 482700 - sorry, it's Uk contacts only.
From the start of next month, employers are obliged to pay their staff a minimum of 24 days paid annual holiday leave. This is inclusive of bank holidays. There is no qualifying period, and as previously, the increase will be calculated on a pro rata basis for part-time workers whether they usually wok on bank holidays or not.
The increase will be calculated from the start of October and should be calculated in proportion to the individual company's holiday year. The DTI will be setting up an oline calculator to help employers work things out.
There is a second planned increase in holiday pay entitlement ( a further four days ) but this will not be implemented for a little while - possibly 1st April 2009.
So, it's good news for employees, and more cost for employers. Hopefully the extra break will mean that staff return to work raring to go, and increased productivity will be the order of the day.
If you've got any questions about this - contact Holmes Wild. Tel: 01582 482700 - sorry, it's Uk contacts only.
