From 1 April 2007 all employees became entitled to 4 weeks Annual Leave and the percentage required for Holiday Pay accrual rose to 8%. To ensure an employees' holiday pay accrues correctly, this percentage should appear in the Holiday Pay % field in the employees' Leave Details tab as shown below.
Note: If the employees are given an additional weeks leave, in other words 5 weeks, the percentage entered would need to be 10%. |