Accruals calculated on flat rate paid employees

Contributing Cover User kath75
5 Posts
Contributing Cover User
Australia

Accruals calculated on flat rate paid employees

I have an employee that is now being paid as a full time employee on a flat rate. What is the best way to calculate the leave accruals? Is it by selecting holidays equal 150hrs per year?

1 REPLY
Ultimate Partner ronatbas
3,860 Posts
Ultimate Partner
Australia

Re: Accruals calculated on flat rate paid employees

@kath75

 

This is an excellent way of accruing leave for a full time employee. Where it can come unstuck is if you take on a part-time person that works for less than the 37.5 hours/week that this is setup for. You then need to have two lots of accruals and leave payments.

 

Ron B
BAS Group
03 95588477

info@basgroup.com.au
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