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 reconci...
Forum Discussion
Hi Anna7364,
You’re on the right track, there’s nothing you’ve missed! You can create a new pay item for each employee if you need to use different award rates, but heads up, it can be a bit of extra work since your list of payroll categories starts piling up.
As of now, MYOB doesn’t have a feature that automatically assigns different hourly or earnings rates to employees, so you’ll need to manage this manually. One handy workaround is to make a wage category with a zero pay rate, then simply pop in the right amount for each employee for every pay run. Or, you could set their type to salary and just enter the total each time instead.
Cheers,
Princess
Hi Everybody,
I set up an allowance called "worker retention grant" and then linked all the staff who got it. There was one employee who was not covered by the grant. The centre also uses Tanda as an add on and Tanda keeps track of the current rates according to the award. No less thing to worry about, however I do check in MYOB occasionally to make sure the award rates are correct. I did a pay run last week and found it was very easy to do the grant. Admittedly, I did have to manually enter the amount of the grant. I just added the wage amount and the overtime amount then dived the total by 10 and entered this amount into the grant category. Payroll was only marginally longer.
Regards
Ellen R
