Survey: The cost of administering holiday pay
27 November 2020
There were substantial amendments made to the way in which holiday pay and entitlement are calculated, from 6 April 2020, and the CIPP’s Policy and research team want to gauge what impact this has had on employers.
Previously, employers were only required to utilise a 12-week reference period to collect holiday pay data but that has been extended considerably to a 52-week period, which has created challenges for employers.
A survey is currently running, which aims to assess how much these changes have affected employers, in terms of the administrative burden the extended reference period has created. There are additional questions relating to the cost of changes to payslips, as from 2019 onwards, hours need to be displayed where hours worked have an effect on the pay that an employee receives. Questions on the subjects of agency working and TUPE transfers are also included. The results of the survey will be shared with BEIS (The Department for Business, Energy and Industrial Strategy), as they own the policy for Holiday Pay entitlement.
We are aware that payroll professionals are particularly busy at the current time, and so would like to extend our thanks to anybody that takes the time to complete the survey. It should take roughly 19 minutes to complete and will remaim open until Sunday 13 December 2020.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information. Download the CIPP's Payroll: Need to know - your guide to payroll legislation and reporting for the most up to date data.