I used the calculator for Myvanwi's question, but without exact details I have assumed some of the following:
Annual leave for the year starting: 1 January 2007.
Employee start date: 1 October 2007.
Employee hours: 20 per week.
Result: 24.2 hours to date.
Remember, when calculating the actual amount to pay, you simply divide 24.2 by the number of hours normally worked each day.
So if I can assume the 20 hours is spread over 5 days = 4 hours per day:
24.2 divided by 4 = 6.05 days @ 4 hours normal pay, as holiday pay for each day taken as a holiday.
The calculator is to ensure an employee gets the statutory minimum holiday entitlement. As it turns out, that is exactly 24 days per year for an employee working 5 days a week. So it is easier to simply give them 2 days holiday for every month of continious employment. Then the amount of holiday pay is an average of the daily hours worked during that month. Doing it this way, automatically takes into account all the variables, such as sickness, lateness etc. Saving you money!
Hope this helps.