Thoughts are beginning to turn to summer holidays, your employees are probably getting their holiday forms in, and beginning the countdown to their week or fortnight in the sun (or rain if they’re staying in the UK!)
As an employer, it can be a real headache trying to manage everyone’s requests for time off, as the majority all want holidays around the same time of year. You have to ensure that there’s enough cover, and that all work is up to date, or delegated to a colleague, sometimes it can feel like you’ve worked the extra week before you’ve even left the office!
And if that’s not enough, you may also need to take into account how you calculate your employees’ holiday pay, which this year, could mean additional payroll costs that you weren’t anticipating.
So what’s changed? In a nutshell, a recent Employment Appeal Tribunal case ruled that if you pay employees regular overtime, then they should also have that regular overtime included in their holiday pay. Before, employers were only entitled to pay holiday pay at the employee’s basic rate meaning they would lose out financially by being on holiday.
If that sounds like it might be you, then you now need to ensure that all your employees get paid the same amount, whether or not they’re on holiday. This could also mean taking into account regular bonuses or commission payments. In addition, there could be a case for employees to claim historically for the past two years.
Could end up being more painful than a night out on the sangria for many employers.
To get your head clear on what these changes may mean for you, what you really need is a free, one hour seminar run by experts in Employment Law, HR and finance.
Yes please, we hear you cry! Well, who are we to disappoint!
You’ll need to get yourself along to the Holiday Inn at the Black Prince Interchange on Tuesday 16 June email firstname.lastname@example.org to reserve your place.
We’ll be covering:
- Myths and Facts about holidays and holiday pay (Simon Morgan, The HR Dept)
- Recent legal cases on whether to include commission and overtime in holiday pay (Antonio Fletcher, EMW Law)
- How to manage and record holiday pay (Miguel Calabrese, Blue Rocket Accounting)
All delegates will go away with a free Step by Step Guide to Managing Holidays, with relevant forms and checklists to help you in future.
So if you think that this summer may cost you more than two weeks in Malaga, then get yourself along to the seminar.
And if you can’t make it, but would still like some advice, then please contact us here, and we’ll be able to talk you through the process.