Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

The UK determines the holiday pay rate based on the average of 52 weeks of earnings and hours. Customers require that the cost rate that is determined in the pay batch uses the average of 52 weeks earnings and hours. The current functionality only determined the cost rate based on the pay batch gross pay value / the pay batch quantity and thus the hourly rate would be different to the true cost rate if all holiday pay was to be paid in that period.

...

If you do not apply a rule, the average rate will not be determined: it will use the current method of dividing the total gross pay by the hours.

The temporary workaround that was supplied to UK customers has been removed and therefore, you will need to assign the cost rate type to continue with the same process.

Benefits

Allows for more flexibility to determining the cost rate on holiday accruals.

...