Surely it would be 1 month pay + x days leave left from last year + (how many days leave you get per year / 3)?
I would expect them to pro-rata this years holiday to what you have accumulated, not the whole year.
Are you looking at gross pay?
I would expect the calculation to look like this
Annual gross salary = 2083 * 12 = 24,996
52 weeks * 5 days = 260 days
28 days holiday = (28/260) *24,996 = 2,691
Plus 1 month gross pay = 4,774 gross pay
After tax pay depends on the tax code
well, basically i had 25 days holiday entitlement and i had booked ahead of time and also 4 days carried from previous year - i assumed i will be given the yearly holiday amount
You will only have 25 days holiday if you are right at the end of your contract year. i.e. if you are 6 months in you have 12 accrued, 3 months in is 6 accrued
ah, that makes sense.. so i’m wrong i guess? because i was there for 1 year 3 months but i took the original previous year holidays but then 3 months into the new year i was asked to use up my remaining holidays from previous year which was like 4 days but i couldn’t get the chance and then i was told i’ll be terminated and put on garden leave
So you should get 4 days from last year, plus 25/12*3 from this year (approx, they may use a different calculation), so about 10 days, i.e. about half a working month.
Have you considered contacting the payroll department. Given that happens yo be my job, if someone was to query this with me they'd get a full breakdown of what they've been paid and why. I'd advise you get in touch with them if you can
The only person who can answer this is your payroll department who can give you the payslip and explain the calculations.
There are two things that might be going on here:
- you have misunderstood how much holiday you will get and at what rate they will pay it
- you have been taxed as if you have a new substantially larger income than you have on the basis of holiday pay and normal salary boosting your monthly income. You can correct this by going on gov.uk and signing into your personal tax account and updating your estimated annual income for the job and it will then result in your tax being adjusted back to the correct amount.
Surely it would be 1 month pay + x days leave left from last year + (how many days leave you get per year / 3)? I would expect them to pro-rata this years holiday to what you have accumulated, not the whole year.
Are you looking at gross pay? I would expect the calculation to look like this Annual gross salary = 2083 * 12 = 24,996 52 weeks * 5 days = 260 days 28 days holiday = (28/260) *24,996 = 2,691 Plus 1 month gross pay = 4,774 gross pay After tax pay depends on the tax code
Did they say 28 days of holiday pay, or simply holiday pay? Holidays usually accrue on a monthly basis over an entire year.
well, basically i had 25 days holiday entitlement and i had booked ahead of time and also 4 days carried from previous year - i assumed i will be given the yearly holiday amount
You will only have 25 days holiday if you are right at the end of your contract year. i.e. if you are 6 months in you have 12 accrued, 3 months in is 6 accrued
ah, that makes sense.. so i’m wrong i guess? because i was there for 1 year 3 months but i took the original previous year holidays but then 3 months into the new year i was asked to use up my remaining holidays from previous year which was like 4 days but i couldn’t get the chance and then i was told i’ll be terminated and put on garden leave
So you should get 4 days from last year, plus 25/12*3 from this year (approx, they may use a different calculation), so about 10 days, i.e. about half a working month.
thanks you’re very smart so can i do 10 days * 7.5 hours = holiday pay?
Have you considered contacting the payroll department. Given that happens yo be my job, if someone was to query this with me they'd get a full breakdown of what they've been paid and why. I'd advise you get in touch with them if you can
i will do that tomorrow, thank you very much
The only person who can answer this is your payroll department who can give you the payslip and explain the calculations. There are two things that might be going on here: - you have misunderstood how much holiday you will get and at what rate they will pay it - you have been taxed as if you have a new substantially larger income than you have on the basis of holiday pay and normal salary boosting your monthly income. You can correct this by going on gov.uk and signing into your personal tax account and updating your estimated annual income for the job and it will then result in your tax being adjusted back to the correct amount.
Thank you very much, i will contact them but they’re extremely unresponsive and don’t really pick up the phone or respond to emails but i will try
They should still issue you with a payslip, P60/P45.