2024 - Reforms to holiday pay and entitlement

In November 2023 the Government announced proposed changes to the current legislation regarding holiday pay.  They have now issued guidance setting out how holiday pay should be calculated for part-year and irregular hours workers, as well as other 2024 holiday pay changes.

Most of the changes apply from leave years beginning on or after 1 April 2024 including:

·       Re-introduction of rolled-up holiday pay for irregular hours and part-year workers

·       Re-introduction of the 12.07% of hours worked calculation method for irregular hours

and part-year workers.

The Government guidance can be found here.