payslip layout

[ORANGE]

Can anybody explain to me the layout of the new payslip,mainly with reference to anual leave each week something like5.6 minus is there each week( part time) and does this reflect purchased leave that i have 6 days any advise appreciated.

[TrueBlueTerrier]

Can anybody explain to me the layout of the new payslip,mainly with reference to anual leave each week something like5.6 minus is there each week( part time) and does this reflect purchased leave that i have 6 days any advise appreciated.

Yes

POAL = Purchase of Annual Leave and appears in the "wrong column" that's why it has a minus figure.

[ORANGE]

thanks tbt,is there a laid down formula as to how they work out this POAL

[TrueBlueTerrier]

Leave purchase option

Over and above standard entitlements, employees with less than 20 years’ service will have the chance to increase their holiday entitlement to (or towards) 6 weeks per year, by foregoing an element of basic pay. This will offer those employees who might find it attractive to take more time off from work, earlier in their career, additional annual holidays in lieu of pay. This choice must be exercised for at least one whole leave year, and for each whole week of additional leave the basic pay will be adjusted by 2%. The maximum holiday entitlement that may be gained in this way is six weeks per year. Obviously once the higher level of leave becomes an entitlement through service, or if the employee opts to return to their standard entitlement, pay is then adjusted back upwards. There will therefore be the following options for the new operational grade (at national rates, with similar proportionate options for Inner and Outer London and for the support grade, and pro-rata options for part-time employees) for full-time employees with less than 20 years’ service: