Statutory redundancy pay is based on the weekly pay, years at the job and age of the employee. To calculate the payment amount you can go to the UK Gov website.
ANNUAL
Most places do pay time and a half, some have a set amount of extra pay for holidays, while others pay at the same rate. There is no legal obligation for a private company to pay any kind of holiday pay, just a moral and social obligation.
Pay rise / old pay ie If some-one earning $1,000 per week gets a $50.00 pay rise, they have got a 5% pay rise.
If overtime pay is 1 1/2, then it would be calculated like so... (hours worked) x (regular pay) x 1.5
In the UK. Holiday pay is payment made to an employee whilst they are on holiday (vacation).
In the United States employers are not required by law to pay you for holidays regardless of what day of the week the holiday falls on. If your employer provides you with holiday pay you are receiving a benefit and not an entitlement. Therefore, if your employer chooses to pay you holiday pay, it is at their discretion when, how, and which holidays you will be paid for.
do self employed workers get holiday pay if they have worked for the same employer for years
Holiday pay is not required by law for private sector companies (e.g. non-government). If your employer chooses to pay you holiday pay, you are receiving a voluntarily-given benefit.
Yes we had to pay
You must be there at least 6 months before you are paid holiday pay which is the same as time & a half.
Yes. Holiday pay accrued during employment has to be paid.
Holiday pay is commonly called doubletime or double the normal rate of pay.
In the EEC yes.
It means proportional. "He received holiday pay commensurate with his experience" means that he got holiday pay in proportion to the amount of experience he had.
No.
holiday pay since many places have you work every other holiday.