Kendal Hulme, our Head of Operations, provides a legal update on the upcoming additional bank holiday explaining whether employers are obligated to give their employees the extra day off or not.
Over the last 2 years, the government have announced an additional 3 bank holidays. Last year employers navigated the Queen’s Platinum Jubilee and the Queen’s Funeral. This year to celebrate His Majesty the King’s Coronation, another has been declared for 8th May 2023.
Whether you are obligated to give your employees this additional day of celebration depends on the wording of your employment contracts.
If your contracts of employment state:
Depending on the term your holiday years run, and the wording of your employment contracts, some employers may find themselves with questions from their employees from 1st April 2024.
If your annual leave year runs alongside the financial year (April – March), it will mean that there are only 7 Bank Holidays, not 8, in the 2024/2025 holiday year. This is due to an early March Easter Bank Holiday rather than typically in April. The table below outlines the different circumstances in each upcoming year.
As above, whether you are required to give an additional day that year depends on the wording of your employment contracts.
If your holiday year runs from April to March and your contracts state:
Do you need any advice on how to calculate and navigate annual leave complexities? If so, please get in contact with one of our trained Consultants who will be able to support you and your business.
T: 0330 107 1037