Forum Discussion

Experienced User

7 months ago

Allowance for Worker Retention Grant

My client has just been approved for the Worker Retention Grant for child care centres.

The grant allows employees to be paid 10% more of their award rate (Children Services Award).

For the reconciliation, a part of the grant conditions, the 10% must be separate from the award rate and it applies to normal hours, any leave, any leave loading. Most of the employees are on award rates but there are some staff that are paid over award. These staff are still eligible for the grant but the 10% is the award rate for their level, not 10% of their hourly rate. What would be the best way to add the 10%, which has been classified as an allowance, into MYOB showing the split? Regards

Ellen R

13 Replies

EllenR
Experienced User
5 months ago
As I have set up a wages expense called WRG, when staff work overtime, MYOB calculates the overtime as normal.
I then add all the wages categories that WRG applies to, base rate, any leave including leave loading, and overtime, then multiply by 10% and this number goes to the WRG wages expense. For 1 December 2025, the percentage goes to 15%. The only time I manually calculate is when staff are paid over award. The WRG is only on the award rate. Also remember that any juniors get the WRG at the adult rate. I have 5 staff that are 18 years old whose award rate is not at the adult rate. Plus I need to know when their birthday is so that I can check that the adult award rate is applied as their base rate.
You do need to keep in mind, when you do your reconciliation at the end of the year to remove overtime from wages as superannuation is not paid on overtime. If you need more information about the reconciliation please email me.
Regards
Ellen
Anna7364
Member
2 months ago
Hi Princess,
Thank you, when we receive the grant where do I add that amount to? Or is it supposed to be linked to another income in MYOB.
Anna7364
Member
2 months ago
Thanks Ellen