Are you prepared? The Holiday Pay Time bomb... And arrival of Shared Parental Leave
Published on 8th Sep 2014
Are you prepared?
The Holiday Pay Time bomb
Do you calculate your holiday pay correctly? Are you prepared for the risk of potential claims? Miscalculated holiday pay could be expensive. John Lewis paid out £40million to staff in relation to incorrectly calculated holiday pay. The CBI believes that backdated holiday pay claims could lead to bills of millions of pounds for business and ultimately threaten their very existence.
Recent case law suggest that the calculation of holiday pay should include both overtime and commission payments if they are “intrinsically linked” to tasks the employee is required to perform under their contract of employment. Other allowances may be caught as well.
We shall walk you through the key practical considerations for you in calculating holiday pay arising from these legal developments and look at how you can assess your current risk and strategies for dealing with it going forward.
Shared Parental Leave arrives
It has been expected for some time but it’s arrival is now imminent. Parents of babies whose expected week of childbirth falls on or after 5 April 2015 may be eligible to benefit from the opportunity to share leave during the first year of their baby’s life. The new rules also apply to adoptions on or after that date. Hailed as revolutionising a parent’s family and work life, is all as straightforward as the Government suggests? For businesses the simple answer is no – the rules are complex and employers will need to grapple with numerous issues including:
- Who is eligible?
- Can you make this new form of leave work for your organisation? When can you say no?
- What is the cost to your organisation? And what are the risks of getting it wrong…
- What practical steps must you now take?
We will also update you on other related rights including entitlement for partners to time off for ante-natal and adoption appointments and new entitlement and pay rights for those taking adoption leave.
When and where:
- Tuesday 30 September (Reading)
- Thursday 16 October (London)
- Wednesday 22 October (Bristol)
- Time: 08.30 – 11.00
Click here to register your interest in this event.