Announcements for Payroll and OTL can now be found in the Announcements - Payroll and OTL - EBS (MOSC) subcategory. Follow to be sure you don't miss a thing!
Average Holiday Pay Calculation For Monthly
We are currently working on rewriting our Average Holiday Pay solution to ensure legislatively compliant.
For monthly solution, for employees who are paid monthly where their pay varies each month, we had planned on using 12 months data to calculate reference period, however on UKGOV site states that "In most cases, it will not be possible to simply use 12 months of pay data, as it will not correspond accurately with a 52-week holiday pay reference period. This is because 12 months does not accurately align with the 52-week reference period required by legislation....The 52 week reference period will often begin and / or end part way through a monthly pay period (for example, a worker is paid on the last day of a calendar month for the whole month, but the reference period begins or ends in the middle of the month). In this case employers will