The basic principle of annual hours is that, instead of defining working time on the basis of the standard working week, for example 37 or 39 hours, working hours are distributed out over the whole year according to worked-out plans based on business needs rather than on set routines. In its simplest form, the calculation of annual hours is based upon the number of working weeks in the year multiplied by the number of working hours per week minus holidays. Most annual hours systems have a number of rostered hours (the majority) and a number of unrostered hours (the minority) to allow for maximum flexibility. Employees are paid on a weekly or monthly basis of one fifty-second or one twelfth of their annual salary regardless of the actual number of hours worked that month. Some schemes have additional hours called reserve’ or ‘banked’ hours.
set routines. In its simplest form, the calculation of annual hours is based upon the number of working weeks in the year multiplied by the number of working hours per week minus holidays. Most annual hours systems have a number of rostered hours (the majority) and a number of unrostered hours (the minority) to allow for maximum flexibility. Employees are paid on a weekly or monthly basis of one fifty-second or one twelfth of their annual salary regardless of the actual number of hours worked
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