Holiday Pay

Experienced User Linesman
37 Posts
Experienced User
New Zealand

Holiday Pay

A few of my employees have holiday pay retes higher than normal working days. Is this an error or is there some reason for this?

Thanks

1 REPLY
Ultimate Partner jenniek
2,105 Posts
Ultimate Partner
New Zealand

Re: Holiday Pay

Hi @Linesman

This is probably correct -as annual leave, sick leave, public hols and bereavement leave are required to be paid at the average of the previous 12 months earnings - when the leave happens. MYOB Payroll calculates this average automatically for annual leave - and it can change if your staff work overtime or get extra money such as a bonus, commission etc. If you have the normal hours per week too low - then the rate will be much higher than their normal rate of pay.

Regards,
Jennie Kingma
JK Business Systems Ltd, Hamilton, NZ
Email: jennie@jkbusiness.co.nz
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