Your payslip will show separate payment details for your Premium, overtime and holiday pay deduction.
To view an example payslip with a key outlining each reference, click here.
Payment is made weekly in arrears directly into your bank or building society account via the BACS system. If you do not have a bank account, you must open one. You can expect payment into your account every Friday, but this is dependent upon you submitting a correctly completed timesheet every Friday
Please note that payments cannot be paid into third party accounts and all cheques are 'Account Payee only'.
Your payslip and timesheet will be posted to you by first class mail, and will show the BACS payment date and bank account credited
It is essential that you complete a bank account details (BACS) form and send it to our Accounts Department stapled to your first timesheet. Failure to do this may result in your payment being delayed.
BACS forms are in your starter pack - these can be obtained from your consultant; alternatively click here to download a PDF version.
If you do wish to check that you have been paid, you should first contact your bank for confirmation that a BACS payment has been made into your account. Please note that checking your account using a bank ATM machine may not give up-to-date details as the information is only updated periodically.
Click here for useful information on what is needed to open a bank account.
For the purpose of this document, ‘Workers’ refers to temporary workers of PAYE status registered with Hays Specialist Recruitment Ltd (‘‘Hays’’) or students of PAYE status working with or through Hays. This section ONLY applies to PAYE and Student Workers.
Hays is responsible for recording and paying holiday pay to its PAYE and Student workers.
Hays is not responsible for paying holiday pay to workers who work via a Limited Company. It is the Limited Company’s responsibility to ensure their workers receive holiday pay.
All Workers are statutorily entitled to a maximum 28 days holiday per annum pro rata. If a Worker does not work a full year, then his or her holiday entitlement is prorated (e.g. a part-time Worker working three days per week would get 3/5ths, which is 16.8 days (3/5*28).
The Hays Holiday method of payment is referred to as ‘accrued’ holiday pay, your pay is effectively ‘banked’ and held until you actually take the holiday due to you. You will be paid your holiday pay the week after you have taken your holiday, just as you are for the assignments that you undertake.
This “accrued” method will also help you manage your holiday pay and ensures that when you take time off you have the comfort of knowing that funds will be available.
To ensure that you are able to take and be paid for your holiday, please book the relevant holiday dates with your consultant, after confirming these are acceptable with the client. You need to give Hays at least two weeks notice of your holiday dates.
The 2009 Hays holiday year runs from 27th December 2008 to 1st January 2010
Your 2009 payslip will show separate payment details for your Premium, overtime, holiday pay deductions and also your holiday entitlement.
HOL ENT (Holiday entitlement) as displayed on your payslip, is the cummulative number of hours you are entitled to claim for the current year, less any holiday hours that have been paid for the current holiday year.
To view an example of a payslip with a key outlining each reference, click here.
A Holiday Pay Question and Answer sheet will be included in your starter pack - these can be obtained from your consultant; alternatively click here to download a PDF version.
To view this PDF, you'll need Adobe Acrobat Reader. Click here to download now.
The Payslip show Premium (inclusive of Holiday Pay) rate the amount if holiday pay deducted which is ‘accrued’ until you take holiday. Premium rate is calculated by adding holiday pay 12.07% (5.6/46.4 weeks) to the basic pay rate. Out of 52 weeks a year, you work 46.4 weeks, so you are entitled to 5.6 weeks statutory holiday (52 weeks – 46.4 weeks = 5.6 weeks)
If your basic hourly rate is £10.00, the holiday pay calculation will be as follows: Premium Rate = £10*112.07% = £11.21 Premium Rate. The Holiday pay of 12.07% is therefore £1.21 per hour (£11.21 - £10.00).
Holiday pay is ONLY accrued on basic working hours and overtime; bonuses and expenses are not included.
Please inform your consultant when you wish to take your holiday after agreeing the dates with your client. You need to give Hays at least two weeks notice of your holiday dates.
To book your holiday and to be paid for it please contact your Consultant, do not record your holiday on your work timesheet