Holiday Pay Explained!
As a valued member of the Flourish team, when you are paid via PAYE, you have the option to choose between two holiday pay schemes: Rolled-Up Holiday Pay or Accrued Holiday Pay.
Our Holiday Pay Schemes Explained
Rolled Up Holiday Pay
Rolled-up holiday pay allows you to receive your holiday pay for each pay period as opposed to accruing your holiday pay and requesting this to be paid during annual leave.
You will receive the 12.07% of your daily rate that is your holiday entitlement, for each day you work in a week (your pay period), paid to you with your weekly pay – 1 week in arrears.
Accrued Holiday Pay
You will accrue 12.07% of the days you have worked. When holiday pay is requested, your holiday pay will be calculated based on 12.07% of your average earnings over the last 52 weeks up to a maximum of 104 weeks, excluding any weeks without pay.
Use Your Holiday Pay Within the Academic Year
Any accrued Holiday pay must be used within the academic year in which it is accrued.
The academic year runs from 1st September to 31st August.
Any unused accrued holiday entitlement will be lost after 31st August each year — so please make sure to request and take your holiday pay in time.
What happens if I haven’t worked 52 weeks for Flourish Education?
We will calculate your holiday pay over the average weeks where you have worked for us.
To view various scenarios of how to calculate your holiday pay, read the Department for Business & Trade’s Holiday Pay and Entitlement reforms from 1st January 2024 guidance on the UK Government website.
If you have any further questions about holiday pay, please call Jessica on 0300 303 3227 or email your questions to payroll@flourisheducation.co.uk and Jessica will get back to you.
Flourish Education are actively recruiting teachers, teaching assistants, non-teaching staff into schools, colleges, children's centres and nurseries across the West Midlands. If you are looking for a new role within an education setting, please search our current job vacancies or call us on 0300 303 3227.
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