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buying holidays

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
SJH101
Posts: 42
Joined: 30 Jun 2010, 17:43
Gender: Male

buying holidays

Post by SJH101 »

Hi

Just wanted to know how the buying holidays thing worked.

If I am coming out with £230 a week and I want to buy two weeks holiday for this year how will that affect my wage each week?

Does it come out each week or is it a lump sum or do you effectively just have unpaid holiday?

thanks
gerardy
Posts: 315
Joined: 21 Feb 2009, 12:14
Gender: Male

Re: buying holidays

Post by gerardy »

the money comes out weekly and it is not that much. You get the forms from your manager and you stay in it (extra 2 weeks holidays) until you opt out. fulltimers I think is around 10-12 pound a week
SexyLegs
EX ROYAL MAIL
Posts: 393
Joined: 13 Apr 2010, 16:00
Gender: Male

Re: buying holidays

Post by SexyLegs »

SJH101 wrote:Hi

Just wanted to know how the buying holidays thing worked.

If I am coming out with £230 a week and I want to buy two weeks holiday for this year how will that affect my wage each week?

Does it come out each week or is it a lump sum or do you effectively just have unpaid holiday?

thanks
You've kind of answered your own question, you don't actually buy 2 weeks, you get 22.5 days anyway so you buy 7.5 days which takes you up to 6 weeks in total, cost is roughly £10 - £12 per week for a full timer as the other poster states so cost to you will be about 70% of that, roughly £7 -£9 a week, well worth it when you consider Union subs are £3 odd a week!!!

Enjoy your hols :Very Happy
IcanthelpthewayIam
Posts: 4067
Joined: 26 May 2009, 13:37
Gender: Male

Re: buying holidays

Post by IcanthelpthewayIam »

SexyLegs wrote:
SJH101 wrote:Hi

Just wanted to know how the buying holidays thing worked.

If I am coming out with £230 a week and I want to buy two weeks holiday for this year how will that affect my wage each week?

Does it come out each week or is it a lump sum or do you effectively just have unpaid holiday?

thanks
You've kind of answered your own question, you don't actually buy 2 weeks, you get 22.5 days anyway so you buy 7.5 days which takes you up to 6 weeks in total, cost is roughly £10 - £12 per week for a full timer as the other poster states so cost to you will be about 70% of that, roughly £7 -£9 a week, well worth it when you consider Union subs are £3 odd a week!!!

Enjoy your hols :Very Happy
also worth while doing it this year, we're getting that 3.5% extra in april, so in terms of money in your bank, you would end up with 6 weeks holiday and no less money going in each week
Darren Bent
Posts: 2150
Joined: 05 Oct 2007, 15:38
Gender: Male
Location: Pride Park, Derby, DE24 8XL

Re: buying holidays

Post by Darren Bent »

and with reduced income you pay less tax (I think)
Cheetah
Posts: 428
Joined: 13 Oct 2009, 13:17
Gender: Male

Re: buying holidays

Post by Cheetah »

SJH101 wrote:Hi

Just wanted to know how the buying holidays thing worked.

If I am coming out with £230 a week and I want to buy two weeks holiday for this year how will that affect my wage each week?

Does it come out each week or is it a lump sum or do you effectively just have unpaid holiday?

thanks
Just look into how the purchased leave is allocated at your unit before you decide...... If it's the same as in our office (you pick on the leave list after all allocated leave has been chosen), you will only end up with the dregs, and no chance of getting 2 or 3 days together set aside a week !!!!! If your okay with that then it is a fine system, but I would just do my homework before I commit myself personally...... :Very Happy
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: buying holidays

Post by arnold cheshire »

Cheetah wrote:
SJH101 wrote:Hi

Just wanted to know how the buying holidays thing worked.

If I am coming out with £230 a week and I want to buy two weeks holiday for this year how will that affect my wage each week?

Does it come out each week or is it a lump sum or do you effectively just have unpaid holiday?

thanks
Just look into how the purchased leave is allocated at your unit before you decide...... If it's the same as in our office (you pick on the leave list after all allocated leave has been chosen), you will only end up with the dregs, and no chance of getting 2 or 3 days together set aside a week !!!!! If your okay with that then it is a fine system, but I would just do my homework before I commit myself personally...... :Very Happy
yes will pay to have extra time of in winter
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: buying holidays

Post by arnold cheshire »

http://www.thomascook.com/going-places" onclick="window.open(this.href);return false;
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: buying holidays

Post by arnold cheshire »

id get your form in as soon as possible if you want to buy extra leave before its too late
Cheetah
Posts: 428
Joined: 13 Oct 2009, 13:17
Gender: Male

Re: buying holidays

Post by Cheetah »

bringon4dayweeks wrote:id get your form in as soon as possible if you want to buy extra leave before its too late
Are you on commission LOL :nana :nana :nana :Very Happy
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: buying holidays

Post by arnold cheshire »

Cheetah wrote:
bringon4dayweeks wrote:id get your form in as soon as possible if you want to buy extra leave before its too late
Are you on commission LOL :nana :nana :nana :Very Happy
no i thought there was a cut off date for buying extra holidays
justdeno
Posts: 362
Joined: 27 Jan 2012, 16:05
Gender: Female

Re: buying holidays

Post by justdeno »

Just book the hols asap, cos how much you pay each week you can have all that time away from work, also if you do overtime tax man takes less, its only equivilent to 1 hour a week!!!! JUST DO IT :Very Happy
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: buying holidays

Post by arnold cheshire »

justdeno wrote:Just book the hols asap, cos how much you pay each week you can have all that time away from work, also if you do overtime tax man takes less, its only equivilent to 1 hour a week!!!! JUST DO IT :Very Happy
tax man takes 20 percent income tax and then national insurance
Darren Bent
Posts: 2150
Joined: 05 Oct 2007, 15:38
Gender: Male
Location: Pride Park, Derby, DE24 8XL

Re: buying holidays

Post by Darren Bent »

and if 30 people do that and it will keep another person in wok as well :)
Indy
Posts: 977
Joined: 03 May 2010, 07:05
Gender: Male

Re: buying holidays

Post by Indy »

Darren Bent wrote:and with reduced income you pay less tax (I think)
and conversely LESS pension!