We’ve started some work to provide you with integrated holiday accrual for your workers who are paid on a PAYE basis. Our new holiday accruals feature allows you to specify an accrual rate set on the client level, and then automatically calculate the worker’s accrued holiday pay each week.
To try out this new feature, please go to Settings -> Timesheets, and tick “Enable holiday accrual” in the General section.
You will then have access to a new menu item in the “Tools & Reports” menu, called Holiday Accrual. From here you can see all your workers who are configured to be on PAYE, and also see their total accrued pay as well as their 12 week average pay. The 12 week average pay will allow you to determine the rate of pay when they take holidays. Currently this is not linked directly to our leave bookings module, so if your worker takes holiday, you will need to deduct the amount paid in holiday manually by click on the New Deduction button on the top left.
Our plan for the future is to link this to the leave bookings module, and also link it with AWR so you can have a pre and post AWR holiday accrual rate. Watch this space!