Change in holiday period - losing out?
Discussion
My workplace is changing the holiday year start and end dates from 1st Jan - 31 Dec to 1 Apr - 31 Mar, which probably makes sense to them was it runs with their financial year.
What me and my colleagues can't get our heads around is whether we have lost holiday entitlement by this change, or indeed gained some.
We get 20 days a year, and I took no time off between Jan - Apr this year, whereas my colleague took four days off in that period. So have i lost a weeks holiday?
What me and my colleagues can't get our heads around is whether we have lost holiday entitlement by this change, or indeed gained some.
We get 20 days a year, and I took no time off between Jan - Apr this year, whereas my colleague took four days off in that period. So have i lost a weeks holiday?
randlemarcus said:
Retrospective? You might have lost the opportunity to have some leave that didn't count, but you ought not to have lost actual leave.
Not sure what you mean, but they told us this week that the number of days holiday for this year will now be counted from 1 Apr 2019 to to 31 Mar 2020.I had taken no holiday in Jan-Mar 2019 and so I have 20 days until Mar 2020
My colleague had taken four days in Jan-Mar 2019 and also has 20 days until Mar 2020
They've done this at work several times in the years I've been here.
In this "changeover" period, you still ought to have accrued holiday in the first three months of this year, and so for the full period of 1st Jan 2019-31st March 2020 you should get "one and a quarter" year's leave allowance - 25 days total. Or the paid equivalent of those 5 days.
In this "changeover" period, you still ought to have accrued holiday in the first three months of this year, and so for the full period of 1st Jan 2019-31st March 2020 you should get "one and a quarter" year's leave allowance - 25 days total. Or the paid equivalent of those 5 days.
Very odd that they would apply this to the existing holiday year; it would have made more sense to give everyone an extra 3 months entitlement to cover Jan - Mar 2020 on top of the 2019 allowance ans start the new holiday year in April 2020 with a full entitlement for the next year.
You need clarification from your HR or management about how used or unused holidays for the period Jan - Mar 2019 are being accounted for.
You need clarification from your HR or management about how used or unused holidays for the period Jan - Mar 2019 are being accounted for.
Mr Pointy said:
I'd say this year your holiday year is 1st Jan 2019 to 31st March 2020 so you are due 25 days. Otherwise you've lost out by 25% of your entitlement.
I've done holiday calendar changes at a couple of companies and this is exactly how it works.OP - you should now have 25 days to take before 31st March, whereas your mate will only have 21.
Mr Pointy said:
I'd say this year your holiday year is 1st Jan 2019 to 31st March 2020 so you are due 25 days. Otherwise you've lost out by 25% of your entitlement.
This is how we did it a couple of years ago but we went from Jan to Dec to March to Feb to avoid the possibility of having two Easter breaks in the same financial/holiday year. 
In a company of 9 people I struggle to see why they had to change anything - managing the leave should be simple and I don't see that it has any bearing on the accounts of finance calculations, assuming you are all salaried and thus earn exactly the same each month regardless.
It actually concerns me that the director (how many directors does a 9 person company need?) doesn't have enough to occupy him or her ...
It actually concerns me that the director (how many directors does a 9 person company need?) doesn't have enough to occupy him or her ...
There may be an impact on the accounts as the cost of holiday accrued but not taken should be recorded in the accounts.
Moving the holiday year to finish on the same date as the accounting year together with a policy stating that no unused holiday can be carried over will remove this obligation.
Moving the holiday year to finish on the same date as the accounting year together with a policy stating that no unused holiday can be carried over will remove this obligation.
ralphrj said:
There may be an impact on the accounts as the cost of holiday accrued but not taken should be recorded in the accounts.
Moving the holiday year to finish on the same date as the accounting year together with a policy stating that no unused holiday can be carried over will remove this obligation.
Thanks! I had never encountered that before - our accountants never asked, I guess it was such a small amount they didn't considere it material. Or they were lazy. Good to know there might be a valid reasonMoving the holiday year to finish on the same date as the accounting year together with a policy stating that no unused holiday can be carried over will remove this obligation.
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