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Holiday Pro-Rata

How to calculate holiday entitlement for your employees

How to calculate holiday entitlement for your employees

By | Employee Engagement, Employee Relations, Holiday entitlement, Holiday Pro-Rata | No Comments

Calculating holiday entitlement for your employees shouldn’t require a PhD in Advanced Mathematics. So we’ve put together this guide to help calculate annual leave for your full and part time employees, starters, leavers and shift workers. According to legislation from the UK Government, (almost) all workers who work a 5-day week are entitled to at least 28 days of paid annual leave per year. Equivalent to 5.6 weeks of holiday, employers can opt for a leave year or accrual system when calculating their employees’ holiday entitlement. What does the leave year system mean? Under the leave year system, employers define…

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unlimited holiday policy

6 pros and cons of an unlimited holiday policy

By | Employee Benefits, Holiday Pro-Rata | No Comments

Unless you’ve been living under a rock for the past year or so, you’re probably aware of a new holiday policy that companies such as Netflix, LinkedIn and Virgin are introducing, where employees get unlimited holiday entitlement. The idea is that the organisation trusts each employee to manage their own leave requests and to take as much or as little as they want, when they want it. No tracking, no allocated days, just take a holiday when you want to. It may sound like a joke… but it isn’t. Could this new idea really be introduced into every organisation? Would…

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