Description
A new pay batch stage called Rolled-up Holiday Pay is now optionally available in the Payroll module to pay rolled-up holiday payments to payees who are eligible to be paid on a pay-as-you-go basis in lieu of taking paid annual holiday leave. When Rolled-up Holiday Pay functionality is enabled, the Rolled-up Holiday Pay stage is added into the pay batch process directly after the Manual Items pay batch stage.
At the Rolled-up Holiday Pay stage, the system automatically pays rolled-up holiday payments to payees who are eligible to be paid on a pay-as-you-go basis in lieu of taking paid annual holiday leaveeligible payees.
Where a payee is eligible to receive rolled-up holiday pay, the system pays an amount that is equivalent to a certain percentage of specific earnings, where the percentage and relevant subset of earnings are defined by maintenance settings (for more information, see Configuration below).
In a normal pay batch, an eligible payee will be paid rolled-up holiday pay for the current pay period and any prior pay periods during which they were eligible for rolled-up holiday payments but are yet to be paid. The rate of payment for each period can be adjusted manually if necessaryby adjusting the payment rate.
Benefits
This enhancement caters for paying rolled-up holiday payments to payees who are eligible to receive such payments in lieu of taking paid annual holidays.
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Rolled-up Holiday Pay functionality is enabled via a new field labelled Enable PAYG Leave, which is located under Maintenance > Hierarchy > Country > Middle/Back Office Country Settings > PAYG Leave, as shown in the example below.
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The PAYG Leave section of the Country > Middle/Back Office Country Settings |
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screen also includes a PAYG Leave Label field. The field defaults to Rolled-up Holiday Pay but can be changed to an alternative label that suits the preferences of your business. The label is used to refer to the Rolled-up Holiday pay functionality throughout the Payroll module. For example, the label is used for the name of the corresponding pay batch stage and maintenance menu where Rolled-up Holiday pay parameters are configured. |
When the Enable PAYG Leave field is ticked, the following conditions apply:
a Rolled-up Holiday Pay
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option is available under Payroll > Maintenance to allow the payment parameters to be configured
a Rolled-up Holiday Pay stage is enabled during the pay batch process, thereby allowing payments to be made automatically during the pay batch process.
For more information about how to configure rolled-up holiday payments and how to flag payees as being eligible to receive the payments, see … **UK/NZ Payroll - PAYG Leave (Rolled-up Holiday) Maintenance.