The latest changes to holiday pay in the UK and what they mean for employers
In January 2024, the UK government introduced new regulations, The Employment Rights (Amendment, Revocation and Transitional Provision) Regulations 2023 (Regulations). The headline changes which take effect for holiday years commencing from 1 April 2024 onwards include: Changes to the definition of a week’s pay for holiday pay calculations. Reintroducing the 12.07% of hours worked calculation …
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