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Can anyone help me decipher my wage slip please?

2 replies

TitsalinaBumSquash · 21/08/2019 20:10

I work bank and I'm just looking at my wage slips and I don't understand the holiday part, I don't book holidays and it says on my HR portal that I'm not entitled to as I'm bank (makes sense) but it's on my wage slip and I remember them saying something about holiday pay but I can't remember what it was .. obviously I can go in and ask management to explain it but I'm not in for a while and when I am in I'm always rushed off my feet.

So it says for instance,

BASIC HOURS - XXX
Bank Staff Holiday Balance - XXX

Deductions

TAX - XX
NI - XX

Total - (Basic hours amount - deductions)

The holiday balance figure is going up every month, I don't know if and when and how much it will be. Is this a usual bank arrangement that anyone is familiar with?

OP posts:
Todaythiscouldbe · 21/08/2019 20:14

You accrue holidays for every hour worked. Once you have accrued more than an average shift you can book it as annual leave (which, in reality, means you get x amount of hours paid without working)
I can explain a bit more if you like but don't want to bore you

TitsalinaBumSquash · 21/08/2019 20:23

Thank you. @Todaythiscouldbe, that is far simpler than I was anticipating.

OP posts:
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