Workers warned £97million of holiday pay is going unclaimed – ‘risk being exploited’

3 mins read

[ad_1]

In the industry, many temp workers may not know that they’re eligible for holiday pay – which could serve as a financial lifeline for them in this economic climate, a support group for independent workers has said.

The support group, IWORK, recently raised the alarm that temporary workers – many of whom operate through umbrella companies and employment agencies – are not being made aware of their right to receive holiday pay.

The group point out that if workers aren’t being made aware they should be receiving paid holiday, they are unlikely to be claiming it.

This could be mounting to millions in unpaid expenses.

READ MORE: ‘It is important for savers not to panic when markets fall’

The group proposed the example that, based on an average annual salary of £26,000, if just two percent of the UK’s temp population is missing out on a £3,000 annual holiday pay entitlement, then figures as high as £97million could be currently going unclaimed in the UK alone.

IWORK founder, Julia Kermode, explained: “£97million is a staggering figure, but in reality, it’s very likely just the tip of the iceberg.

“With the cost of living crisis taking hold and people spiralling into debt, it’s vital that temporary workers claim what’s rightfully theirs.

“It’s a little-known fact that the UK’s 1.6 million temporary workers are entitled to receive the same annual holiday as employees.

DON’T MISS: 
Millions of pensioners could claim £4,428 a year from the DWP [INSIGHT]
Pension holders not to ‘be concerned’ as BoE stop bond-buying – expert [ANALYSIS]
Gilt market crisis could offer surprising upside for pensioners [EXPLAINED]

The Government website states almost all workers who work a five-day week are entitled to 5.6 weeks of paid holiday (known as statutory leave entitlement or annual leave) a year.

This is equivalent to 28 days and includes agency workers, workers with irregular hours, and workers on zero-hours contracts.

The IWORK campaign calls for temporary workers to kickstart holiday pay-related conversations with their respective engagers, and is underpinned by the hashtags #doyougetyours and #askforitgetit.



[ad_2]

Leave a Reply

Your email address will not be published.

Latest from Blog