The Payroll Centre’s Post

Master holiday pay compliance, accuracy, and regulations with confidence! 🌴 Join the Holiday Pay Course for expert insights on regulations, case law, statutory rights, and more 💡 Don't miss out on this opportunity to improve your knowledge and skills: https://bit.ly/4cKgzcM #holidaypay #payrollcourse #payrollprofessional #payrollindustry #payroll #payrolllearning #payrollinsight #compliancetraining

January 2024 introduced new rights for employees in relation to their annual leave. Instead of the usual entitlement for employers to invoke ‘use it or lose it’ within a leave year, it’s now subject to certain conditions. Don’t know what the rules are? Take a look at our latest blog for an easy-to-understand overview of what they mean for you as an employer. If you’re an #employer, are your policies and procedures up-to-speed? #Payroll #Employer #LimitedCompany https://lnkd.in/eXS4RqQJ

the first weekday after Christmas Day will be added as a statutory holiday in Hong Kong. (total of 14 statutory holidays as of 2024) Employer should be reminded - An employee who has been continuously employed for a minimum of three months before a statutory holiday can receive holiday pay. - An employer must provide their employee with a minimum of 48 hours’ advance notice if they are required to work on a statutory holiday. - An employer who, without a valid reason, neglects to provide statutory holidays, alternative holidays, or substituted holidays to an employee, or fails to pay holiday pay, can face prosecution. #payroll #statutoryholiday #companyformation

Thanks again to everyone who attended our HR Forum earlier this month and in February 🙌 In case you needed your memory jogging, our #Employment Team touched on The Government's new guidance for holiday pay claims... In short: • Irregular and part-year workers whose leave year begins on or after 1st April may have holiday entitlement calculated at 12.07% • Legislation introduced to protect the right of workers to have holiday rolled over if they are prevented from taking their leave due to family leave or sickness absence or by their employer • Rolled-up holiday will now be allowed for holiday years beginning on or after 1st April (for part-year or irregular hours workers only) For more guidance, please contact the team here 👉 https://zurl.co/Sm3R Or, if you missed this one, you can sign up to our email list and be notified of upcoming events here 👉 https://zurl.co/TaHx

🧑⚖️ 5 Employment Law Updates 📆 April 2024 This week we will be sharing with you the 5 main Employment Law Updates you need to be aware of in your business. 5️⃣ Annual Leave (for holiday years commencing on o rafter 1st April 2024) Arguably somewhat of a hot potato, the calculation of annual leave has long been banded about. To this end, the government has begun to tackle the particular challenge of holiday entitlement or pay for part-year workers and those on irregular hours. For these workers, defined in the new Regulation 15B of the Working Time Regulations 1998, employers may now choose to offer workers rolled-up holiday pay (that is paying staff for their holiday as pay of their pay packet rather than allocating specific paid leave time). This is meant to improve efficiency in terms of keeping track of holiday entitlement. You should ensure you communicate these changes to each relevant department including payroll, ensure you have systems in place to manage this and consider whether you need to update and workers' terms and conditions to reflect this method of accrual/pay. For further help with this or any other legislation amendments please get in touch with the Cream HR team today on 01543 221104. #employmentlegislation #employmentlaw #hr #annualleave

💸Paid leave laws aren't exciting! You are right, but neither is getting fined for failing to meet them. This week we discuss paid leave laws and how your payroll service can address these ever changing policies for you.

💸Paid leave laws aren't exciting! You are right, but neither is getting fined for failing to meet them. This week we discuss paid leave laws and how your payroll service can address these ever changing policies for you.

💸Paid leave laws aren't exciting! You are right, but neither is getting fined for failing to meet them. This week we discuss paid leave laws and how your payroll service can address these ever changing policies for you.

💸Paid leave laws aren't exciting! You are right, but neither is getting fined for failing to meet them. This week we discuss paid leave laws and how your payroll service can address these ever changing policies for you.

📢 Update on Holiday Pay Calculations for leave years commencing on or after 1 April 2024. A significant change now affects how holiday pay is calculated for irregular hours and part-year workers. The new method involves calculating holiday pay as 12.07% of the actual hours worked in each pay period, ensuring compliance with the statutory entitlement of 5.6 weeks' leave. Remember, employees may qualify for additional leave if their contract stipulates. 📢 Make sure you check with your payroll provider to make sure you are compliant! For advice on navigating these new rules the best way, don't hesitate to contact us. #HolidayPayReform #EmploymentLawChanges #HRAdvice #bestadvice