Webinar time: 12:00 PM - 13:00 PM
In January 2024 the government is introducing new regulations to update the way that holiday pay and leave entitlement is calculated for part year and irregular hours (casual) workers. The changes mean that for the first time payroll professionals will have a statutory framework confirming how the pay calculations for these workers should be operated in practice. This one hour webinar will give you an overview of what is changing with the introduction of The Employment Rights (Amendment, Revocation and Transitional Provision) Regulations (2023), as well as when these changes will become effective. To ensure that you are confident in your understanding of these complicated rules, this webinar provides you with practical guidance and worked examples.
Why you should attend
The new regulations introduced in January 2024 may bring back 12.07% and other accrual rates for holiday pay, however, this change is not certain to be straightforward and will affect all leave years commencing on or after 1 April 2024. For organisations with leave years beginning before this date there is likely to be a transition period potentially lasting up to March 2025. This webinar will provide you with an understanding of the key areas of change and ensure you are confident in how to comply with the new regulations during this transition period.
Understanding holiday pay and leave is vital to be able to:
- Calculate how much leave a worker is entitled to
- Pro-rate leave entitlement where a worker begins or leaves part way through a leave year
- Calculate holiday payments
- Make payment for final holiday
- Comply with statutory obligations for worker entitlements
What you will learn
In this short webinar, you will learn what the new holiday pay regulations mean for the operation of payrolls that include part-year or irregular hours workers.
Once you have completed this course you will able to:
- Explain the changes to holiday pay introduced in January 2024
- Identify affected workers
- Complete pay and leave calculations using accrual rates
- Operate rolled-up holiday pay correctly
New regulation changes
- Leave year start dates
- Applicable employees
How to get holiday pay right
- Backdated pay
Prior learning required
Continue your learning
CIPP's half-day holiday pay and leave course is recommended for delegates who require a deeper understanding of this topic. The course begins with a detailed explanation of the impact of influential case law and statutes and the differences between the different types of annual leave. You will be taught how to apply these parameters to a range of circumstances from calculating leave entitlements for workers on part time contracts to the interaction of holiday with other types of leave such as sick leave and maternity. A £25 discount per delegate is available for this course for anyone that has attended the 'Holiday pay: what's changed?' webinar.