Purchase of annual leave (POAL)

[PostmanAd24]

How does POAL work and how do I go go about starting it? I'm on a 35 hour contract and have 2.5 years service meaning I'm entitled to 4 1/2 weeks holiday a year.does anybody know how much it costs a week to take my annual leave up to the 6 full weeks? Sorry if it's been asked before. Just wondered if anybody on the same contract is making the weekly payments. Thanks!

[woofwoof]

Depends on if you take the full 6 weeks as you are paying for the amount of days you take upto the maximum 6 weeks total.

You need to get the form in before the end of January I think to start nect years leave

[PostmanAd24]

Thanks. And yeah I want to purchase the extra week and a half to make it the maximum 6 weeks. So was wondering how much that would be a week.

[ssdd]

Without working it out, I would say a ballpark figure of £15 per week.

[97gaz]

You'll have to buy one and a half weeks hols so it'll cost you one and a half weeks wages split over 52 weeks.

[Route1]

About £15 sounds right

[rogersh]

This form is available. I suppose it will be renewed for 21/22 in January 2022.

Royal M@ii Group
Purchase of Additional Annual EN®liday F®rm -Holiday Year 2021/22
For OPG/OSG and Engineering Grades
PLEASE RETURN Tlils FORM TO YOUR MANAGER BEFORE THE CLOSING DATE OF 29 February 2021.

Employees may purchase additional holiday up to the maximum of 6 weeks per holiday year
(including their existing normal entitlement). The employee's holiday purchase arrangement will
continue until they obtain 6 weeks holiday through length of service, or until they change grade.
Employees may only cancel a holiday purchase agreement from the beginning of a new holiday
year. Applications must be returned to the employee's line manager as soon as possible.
Each complete week of holiday purchased will result in a 2% adjustment of weekly basic
pensionable pay (including London basic pay additions, and consolidated RRIS and lcs
payments).
The holiday year starts from 1 April 2021 and .the adjusted level of pay will run throughout the
holiday year. The agreement cannot be withdrawn once the holiday year has begun. By
purchasing additional holiday employees increase their standard entitlement for that year, to be
requested in the same way as all holiday. Please note, purchasi.ng additional holiday does not
mean that employees can purchase a specific week of the year in which to take that holiday.
The table below shows service-related holiday entitlements and the percentage adjustment to
basic pay required to purchase the additional holiday. The percentage adj.ustment to pay will be
based upon the employee's actual basic Pay rate throughout the holiday year.

Length of Service Percentage adjustment
Standard on entry: 4 and a half weeks contractual holiday ,
Option 1: 5 weeks holiday 1%
Option 2: 6 weeks holiday 3%


PLEASE RETURN THIS FORM TO YOUR LINE MANAGER BEFORE THE CLOSING DATE i:t`'`
OF 28 FEBRUARY 2021.