Holiday Pay

[Wobblyheed]

The term "advanced holiday pay" is totally alien to me as a contractor. We don't get "holiday pay" and the rate is the rate I get paid. If I don't work I don't get paid.

[eek]

Worth saying that Wobblyheed has bumped up an old thread and the law has been changed to solve the Harper trust tribunal judgement.

nowadays 28 days leave is represented by 12.07% holiday pay and umbrellas can now legally pay it in advance with the initial payment for work done

[Wobblyheed]

Worth saying that Wobblyheed has bumped up an old thread and the law has been changed to solve the Harper trust tribunal judgement.

nowadays 28 days leave is represented by 12.07% holiday pay and umbrellas can now legally pay it in advance with the initial payment for work done

Thanks, I'm new to this "inside" debacle

[lucyclarityumbrella]

An assignment rate is deemed to include holiday pay, it should then be your choice via the umbrella company as to whether you choose to have the monies advanced in every pay packet or request that the umbrella company accrues it for you for when you take annual leave.