Long Service Leave
Trying to set up long service leave and the following examples totally confuse me. They appear to have the same criteria yet difffent result (working same hours per week yet example 1 is entitled to 8.6667 weeks and example 2 entitled to 13 weeks).
Example 1: Say your employees work a 38 hour week (7.6-hours x 5 days). After 10 years of continuous service they’re entitled to 1 week of leave for every 60 weeks they’ve worked. So, after 10 years of continuous service, they’re entitled to 8.6667 weeks of long service leave.
Example 2: Say your employees work a 38 hour week (7.6-hours x 5 days). After 10 years of continuous service they’re entitled to 13 weeks of leave (494 hours). They also continue to accrue leave at the rate of 1.3 weeks per year.
Can someone explain it to this dummy please.