Calculating salary and holidays

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Having searched through threads I have helpfully found MrAnchovy etc but wonder if anyone can help confirm my situation.
3 day week nanny - 31 hours total, Mon - Wed for two children
Salary of £10 per hour net. Using MrAnchovy I calculate gross yr salary of £20,048, net of £16,164 adn cost to us of £21,783.
Can you help calculate holiday? 8 BH, 5 falling on Mondays. We have talked about 5 weeks hols and this seems reasonable - 3 we choose, 2 she chooses with min 6 weeks notice. Pro rata - how do I calculate number of days holiday + how do I accommodate bank hols, should these be paid or not or paid and then request she works another day? Can we specify x days must be taken over Christmas, holidays must be taken during school holidays? I make it 1736 hrs worked, 17.3 (100 hrs allocation), at 12.07 hrs per 100 hrs worked, 7 days hols (rounded up).
This doesn't seem right/enough! Help gratefull received.

Do you want her to work bank holidays? If not, she should be given them as part of her paid leave.

The 12.07% calculation is not appropriate for someone with regular hours throughout the year, it is only for people on zero hours contracts or working only some weeks of the year (e.g. term times).

If the 31 hours over 3 days is a fairly even pattern (e.g 10hrs/10hrs/11 hrs) you could work holiday in days (5.6 x 3 = 16.8 days, round up to 17), but if it is say 12hrs/12hrs/7hrs you had better work it in hours (5.6 x 31 = 173.6 hours, round up to 174).

So work out the allowance in days or hours, take off the bank holidays for the year (so if you are using hours and she normally works 12 hours on a Monday, 5 bank holiday mondays will take 60 hours out of the 174). You will probably find you have less than 4 weeks left, so if you want her to take time off over Christmas it is usual to give this in addition to the normal allowance so that you can still each choose a reasonable number of days, although you can in theory dictate exactly when every single bit of her paid holiday is taken - no employer in the last 75 years has done this though.

Thank you very much for your prompt reply will digest today!

I have reworked the contract as follows based on your advice - it would be great if MrAnchovy or anyone in the know could confirm if this is sound and a reasonable offer for a 3 day week regular hour nanny role.

7.1 The holiday year runs January 1st to December 31st. In each holiday year the Nanny?s holiday entitlement is 5 weeks pro rata, which equates to 17 days for a 3 day week. Days will be taken by mutual agreement but will usually be taken during school holiday periods. 5 Bank holidays will also fall on Mondays ? a working day but the Nanny will not be required to work on these days. This leaves 12 days holiday. If the Nanny is required to work on a bank or other public holiday, the Nanny will be given a day off in lieu on a date to be agreed by the Employer. The Nanny will also be given an additional 3 days leave over Christmas giving an entitlement of 15 days holiday.

7.2 The Employer will try to co-operate with your holiday plans wherever possible subject to their requirements. However, you must not book holidays until your request has been formally authorised by the Employer.
7.3 You must use all of your holiday entitlement by the last day of each holiday year and, unless there are exceptional circumstances, you may not carry your holiday entitlement forward into the next holiday year. Holiday entitlement not used by the correct date will usually be lost and under no circumstances will payment be made for holiday entitlement that is lost through not being exercised by the correct date.
7.4 No more than 3 days? holiday may be taken at any one time without the prior agreement of the Employer. At least 6 weeks notice must be given by you of the proposed date of commencement of any holiday in order to allow the Employer to find a temporary nanny. The Employer reserves the right to nominate up to 5 days per year on which your holiday entitlement must be used and you will be given at least 6 weeks notice of these dates. The Nanny may choose the remaining 7 days, the 3 days over Christmas will be determined by the Employer. There is no entitlement to take unpaid holidays.

Thanks!

Think that sounds fair and as you state the 3 days over xmas are in addition to normal leave and are paid and determined by you.

You could always leave the xmas bit out and give it as a bonus as such come xmas if you wished - just in case you suddenly did need her and then you are stuck as you have put in contract she can have the time off.