Every year, your employees work hard and look forward to taking a well-earned break. For this, they dip into their holiday leave entitlements. As an employer, you are responsible for calculating these entitlements for your employees. Aside from employees having the right to enjoy what they are entitled to, incorrect calculations could result in underpayment issues and potential legal consequences. However, calculating leave entitlements can be complicated and time-consuming. To help, this article will explain how to work out your employees' entitlements to holiday leave.
What is Holiday Leave?
Holiday leave is a type of annual leave to which some employees may be entitled to. It is also commonly termed annual leave or statutory annual leave.