Meeting legal UK Holiday Pay requirements in Fusion
In the UK, it is a legal requirement that the pay received by a worker while they are on holiday reflects what they would have earned if they had been at work and working. In 2020, the law (Employment Rights Regulations 2018) was amended to increase the reference period for calculating holiday pay from 12 weeks to 52 weeks. So, where workers work variable hours or regular overtime, the additional holiday pay due must be calculated by the employer and paid out when a holiday is taken.
Please can anyone point me to guidance in a white paper or article from Oracle that outlines how UK customers should deliver this requirement in Oracle Payroll? Despite it being a legal requirement for all UK customers, I'm struggling to find documentation that explains how UK payroll customers should implement this. I've come across a couple of discussions on customer connect about how to set up something fairly customized to achieve the requirements for additional holiday pay, but surely there is dedicated guidance from Oracle on this since it affects every Oracle payroll customer in the UK?