FIFO workers & SGC
Hi, From the Mining Industry Award MA000011, it states that the ordinary hours (38) are to be multiplied by the number of working and non working days in the cycle (21), which is then divided by...
Forum Discussion
Hi GaryOo ,
Thanks for your post.
In this scenario, we recommend reaching out to your accountant for an accurate solution. However, to give you an idea, to comply with the Award, calculate the ordinary hours per cycle as (38×21)/7=114(38 \times 21) / 7 = 114. For 168 hours worked over 3 pay weeks, determine the proportion of ordinary hours as 114/168=0.6786114 / 168 = 0.6786. Apply the SGC rate (11%) to this proportion, resulting in an SGC deduction rate of approximately 7.47% on all hours worked. This ensures compliance with the Award's SGC deduction requirements.
Feel free to post again, we're happy to help!
Regards,
Earl
