Hi there,
So I recently took a contracting role - which I've yet to be paid for and originally was agreed to be paid via incorporating a company (which I have done, but not invoiced yet).
I'm very new to contracting so this may be a very naive question.
Through the agency if I took the "temporary workers" contract, I would accrue holiday pay and be paid this. Through my incorporated company, I would lose out on this benefit.
How exactly is holiday pay worked out? Am I actually financially losing out? If I am, should I be actively asking for this to be somehow factored-in to my hourly rate?
I have no plans to take the allocation of holiday, so pretty happy to lose out on the actual "days off".
So I recently took a contracting role - which I've yet to be paid for and originally was agreed to be paid via incorporating a company (which I have done, but not invoiced yet).
I'm very new to contracting so this may be a very naive question.
Through the agency if I took the "temporary workers" contract, I would accrue holiday pay and be paid this. Through my incorporated company, I would lose out on this benefit.
How exactly is holiday pay worked out? Am I actually financially losing out? If I am, should I be actively asking for this to be somehow factored-in to my hourly rate?
I have no plans to take the allocation of holiday, so pretty happy to lose out on the actual "days off".
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