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Holiday Balance
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gurpbarnes6
- Posts: 94
- Joined: 02 Oct 2013, 13:03
- Gender: Male
Holiday Balance
1. I can't seem to figure out how Angard have calculated the holiday balance on any of my payslips. It's been calculated incorrectly. The formula payroll provided in 2014 was "Roughly, on average every 35 hours worked you will accrue 4.5 hours holiday. Therefore to accrue 1 hour holiday, you would have to work over 7.5 hours". To be exact in my eyes to gain 1hr holiday you gotta work 7.77hrs. I calculated this for example when I worked 11hrs in two consequtive weeks and got two varying holiday balance uplifts per week. Some weeks I get more holiday balance than I should, other times I get less holiday balance.
2. In my 23 Dec 16 payslip the holiday balance ain't uplifted to my previous one. Is this cos payroll understand there is an issue with the holiday balance being calculated uncorrectly?
2. In my 23 Dec 16 payslip the holiday balance ain't uplifted to my previous one. Is this cos payroll understand there is an issue with the holiday balance being calculated uncorrectly?
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tabact
- Posts: 338
- Joined: 21 Sep 2011, 15:31
- Gender: Male
Holiday Balance
The holiday balance is a week behind the worked hours showing on your payslip. If you worked 11 hours two weeks running look at the payslip for the second week you did 11 and then the payslip following that should be the same increase for holiday hours.
There was a problem this week and nobody had an increase in holiday hours, supposed to be fixed on next payslip.
There was a problem this week and nobody had an increase in holiday hours, supposed to be fixed on next payslip.
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gurpbarnes6
- Posts: 94
- Joined: 02 Oct 2013, 13:03
- Gender: Male
Holiday Balance
I am aware it's a week behind. Where I did 11hrs in two
consecutive weeks the holiday balance increase isn't consistent. Clearly there's an issue. Every hour worked you get 13mins approx holiday balance (35hrs worked ÷ 4.5 holiday balance = 7.8, then 1hr holiday balance ÷7.8).
consecutive weeks the holiday balance increase isn't consistent. Clearly there's an issue. Every hour worked you get 13mins approx holiday balance (35hrs worked ÷ 4.5 holiday balance = 7.8, then 1hr holiday balance ÷7.8).
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tabact
- Posts: 338
- Joined: 21 Sep 2011, 15:31
- Gender: Male
Holiday Balance
The holiday hours are calculated on what you earn and not the number of hours worked. I get more holiday hours if I work a week that includes a Sunday than if I do the same number of hours with no Sunday because I've earnt more money for that week. If you always earn the same hourly rate then the hours added should be consistent. I agree it's not easy to check and if you have a variation on two identical weeks query it with payroll. I've looked through my pay slips and there are a couple of occasions where the wrong number of hours have been added on and later corrected.
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gurpbarnes6
- Posts: 94
- Joined: 02 Oct 2013, 13:03
- Gender: Male
Holiday Balance
tabact wrote:The holiday hours are calculated on what you earn and not the number of hours worked. I get more holiday hours if I work a week that includes a Sunday than if I do the same number of hours with no Sunday because I've earnt more money for that week. If you always earn the same hourly rate then the hours added should be consistent. I agree it's not easy to check and if you have a variation on two identical weeks query it with payroll. I've looked through my pay slips and there are a couple of occasions where the wrong number of hours have been added on and later corrected.
You're wrong. What you are referring to is "Your holiday pot is always 12% of your annual income". This what payroll advised long time ago. The formula above still stands on how to calculate the holiday accrued hours. If you think you're right which I totally don't then what's the fornula you're using?
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tabact
- Posts: 338
- Joined: 21 Sep 2011, 15:31
- Gender: Male
Holiday Balance
Angard sent me this formula. It gets confused if they don't use £10 which has happened to me in the past that's why I queried it and was given this calculation example. I am paid at three different hourly rates for some weeks so it has to be worked out using the gross monetary total for a week. If your holiday hours for a week don't match up using this calculation query what hourly rate they are using with payroll.
N.B. The £10 hourly rate doesn't apply if not AWR qualified or you are still in your first holiday year in which case the hourly rate will be lower.
"Holiday calculation:
£400 (gross weekly earnings) x 12.07% = £48.28
£48.28 / £10.00 (holiday rate) = 4.8 hours holiday
If your pay rate is lower, you will see the difference in what you accrue:
£400 (gross weekly earnings) x 12.07% = £48.28
£48.28 / £6.50 (an example of a lower holiday rate) = 7.42 holiday hours
Therefore, although your holiday rate is lower, you actually accrue more hours holiday. As holiday is calculated as a monetary amount, this will not change no matter what your holiday pay rate is, it just increases or decreases the amount of hours you accrue depending on your holiday rate."
N.B. The £10 hourly rate doesn't apply if not AWR qualified or you are still in your first holiday year in which case the hourly rate will be lower.
"Holiday calculation:
£400 (gross weekly earnings) x 12.07% = £48.28
£48.28 / £10.00 (holiday rate) = 4.8 hours holiday
If your pay rate is lower, you will see the difference in what you accrue:
£400 (gross weekly earnings) x 12.07% = £48.28
£48.28 / £6.50 (an example of a lower holiday rate) = 7.42 holiday hours
Therefore, although your holiday rate is lower, you actually accrue more hours holiday. As holiday is calculated as a monetary amount, this will not change no matter what your holiday pay rate is, it just increases or decreases the amount of hours you accrue depending on your holiday rate."
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gurpbarnes6
- Posts: 94
- Joined: 02 Oct 2013, 13:03
- Gender: Male
Holiday Balance
Much appreciated tabact for your response! Will try out the calculation tonight and let you know how I get along.tabact wrote:Angard sent me this formula. It gets confused if they don't use £10 which has happened to me in the past that's why I queried it and was given this calculation example. I am paid at three different hourly rates for some weeks so it has to be worked out using the gross monetary total for a week. If your holiday hours for a week don't match up using this calculation query what hourly rate they are using with payroll.
N.B. The £10 hourly rate doesn't apply if not AWR qualified or you are still in your first holiday year in which case the hourly rate will be lower.
"Holiday calculation:
£400 (gross weekly earnings) x 12.07% = £48.28
£48.28 / £10.00 (holiday rate) = 4.8 hours holiday
If your pay rate is lower, you will see the difference in what you accrue:
£400 (gross weekly earnings) x 12.07% = £48.28
£48.28 / £6.50 (an example of a lower holiday rate) = 7.42 holiday hours
Therefore, although your holiday rate is lower, you actually accrue more hours holiday. As holiday is calculated as a monetary amount, this will not change no matter what your holiday pay rate is, it just increases or decreases the amount of hours you accrue depending on your holiday rate."
So, when Angard statet every 35hrs worked you get 4.5hrs holiday, it's pointless - calculation cannot be used as it's the holiday he's use your method.
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gurpbarnes6
- Posts: 94
- Joined: 02 Oct 2013, 13:03
- Gender: Male
Holiday Balance
Your calculation works! Very surprised :-]tabact wrote:Angard sent me this formula. It gets confused if they don't use £10 which has happened to me in the past that's why I queried it and was given this calculation example. I am paid at three different hourly rates for some weeks so it has to be worked out using the gross monetary total for a week. If your holiday hours for a week don't match up using this calculation query what hourly rate they are using with payroll.
N.B. The £10 hourly rate doesn't apply if not AWR qualified or you are still in your first holiday year in which case the hourly rate will be lower.
"Holiday calculation:
£400 (gross weekly earnings) x 12.07% = £48.28
£48.28 / £10.00 (holiday rate) = 4.8 hours holiday
If your pay rate is lower, you will see the difference in what you accrue:
£400 (gross weekly earnings) x 12.07% = £48.28
£48.28 / £6.50 (an example of a lower holiday rate) = 7.42 holiday hours
Therefore, although your holiday rate is lower, you actually accrue more hours holiday. As holiday is calculated as a monetary amount, this will not change no matter what your holiday pay rate is, it just increases or decreases the amount of hours you accrue depending on your holiday rate."
When Angard state every 35hrs worked you get 4.5hrs holiday equaling to every 7.5hrs you get 1 hr holiday, this is meaningless - holiday balance is different to your calculation?
Secondly, is there a limit on the volume of hours of holiday that can be accrued i.e. 100hrs holiday in a year?
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tabact
- Posts: 338
- Joined: 21 Sep 2011, 15:31
- Gender: Male
Holiday Balance
No limit on hours the 12.07% holiday pot is the total that counts.Secondly, is there a limit on the volume of hours of holiday that can be accrued i.e. 100hrs holiday in a year?
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Lockardian
- MAIL CENTRES/PROCESSING
- Posts: 419
- Joined: 29 Oct 2015, 06:19
- Gender: Male
Holiday Balance
This week, for the first time, I have two holiday balances on my payslip. Holiday Balance 1 (18.29hrs) and Holiday Balance 2 (16.63hrs). Anyone know what’s what?
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dancingqueen
- Posts: 128
- Joined: 24 Jul 2016, 13:17
- Gender: Male
Holiday Balance
I was going to suggest sending an email to:
angard.holiday@reedglobal.com
But there really is no point as they never reply.
angard.holiday@reedglobal.com
But there really is no point as they never reply.
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toonlad2
- Posts: 32
- Joined: 29 Apr 2015, 11:22
- Gender: Male
Holiday Balance
dont quote me on this but logically here goesLockardian wrote:This week, for the first time, I have two holiday balances on my payslip. Holiday Balance 1 (18.29hrs) and Holiday Balance 2 (16.63hrs). Anyone know what’s what?
holiday balance 1 is the true amount of holidays you have but a week behind holiday 2 is what you had the previouse week , so whatever amount of hours you worked that week will have been updated on the most recent payslip ,,,hopefully you understand what im trying to say
on my hours worked last week i did 1 6 hour shift and gained 0.82 of a hour towards my holiday hours
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Lockardian
- MAIL CENTRES/PROCESSING
- Posts: 419
- Joined: 29 Oct 2015, 06:19
- Gender: Male
Holiday Balance
Thanks. I think you’re right.toonlad2 wrote:dont quote me on this but logically here goesLockardian wrote:This week, for the first time, I have two holiday balances on my payslip. Holiday Balance 1 (18.29hrs) and Holiday Balance 2 (16.63hrs). Anyone know what’s what?
holiday balance 1 is the true amount of holidays you have but a week behind holiday 2 is what you had the previouse week , so whatever amount of hours you worked that week will have been updated on the most recent payslip ,,,hopefully you understand what im trying to say
on my hours worked last week i did 1 6 hour shift and gained 0.82 of a hour towards my holiday hours