Holiday Pay - However you want it. An outsourcing first from Cash Simply

Cash Simply has achieved an industry first in the flexibility of automated Holiday Pay calculations it is able to offer to its Customers in the temporary recruitment market and to those suddenly needing payroll systems following the demise of MSCs, through its Payroll Simply arm.

Cash Simply Customers can now receive reports based upon the Holiday Year for their company, specified for which ever date they like; or for multiple Holiday Years based upon the start date of each individual temporary worker; showing leavers and sums not paid in the previous holiday year (often important when an agency is taking such previous year sums to profit or if the agency wishes to pay Holiday Pay in a current year for sums accrued by a temp in a previous Holiday Year) as well as current year liabilities; no matter how the Holiday Year is specified.

Tom Atkinson, Chief Executive, said with the European Courts of Justice telling our Government what to do, it will not be too long before ìRolled Upî Holiday Pay is banned. I wrote to our Customers back in November 2006 after the European Courts of Justice (ECJ) ruling saying ìMy personal view on this debacle ñ (a useful French word):- The ECJ has come to the conclusion that our government (so full of lawyers) has got the UK Working Time Directive wrong and will have to amend it. As we no longer have control over our own law making, our government will have to do as it is told. So, in due course, expect them to change the UK law. Until then of course, you may carry on accruing Holiday Pay or paying it weekly or monthly.

ìRolled upî Holiday Pay as it has been called is used by many agencies because the record keeping and calculations are sufficiently burdensome as be to very time consuming and for fear of getting it wrong, many agencies pay every week ensuring their temps get their just deserts. That is likely to increase with the pending MSC legislation starting in the next tax year next month. However, in due course they will not be allowed that simplicity. For Cash Simply Customers, outsourced Holiday Pay entitlement calculations have always been part of the deal and whilst any rate above the minimum could always be included for those who wished to pay more, it was not possible to have computerised variable Holiday Years records. There was not (and as far as we are aware, there is still not), any proprietary software in the recruitment industry which will accommodate such flexibility.

However, from today, Cash Simply Customers can enjoy that flexibility.

The algorithm to cover all such variations was not easy to establish and programme but with the skills of David Thornhill (MD and a Microsoft Developer) and new IT whiz Kryzysztof (Chris) Kopec (a product of both Jagiellonian and Bielsko-Biala Universities) to hand, the problem was cracked and a new level of service delivery became available via Report Simply to Cash Simply and Payroll Simply Customers.

The industry has recently had indications that the holiday entitlement will rise from 20 to 24 days in October this year and to 28 in October next year and of course the Report Simply programme will adapt with ease to those new parameters.

If you would like to learn more then please contact Tom Atkinson or see: