Setting up Part-time employee
Hi All
We used MYOB AR. How do I set up a part-time employee, working a fixed 4 day week? I used to set up as hourly but pay will not be based on hours but on a fixed 4 day week.
Thanks
Forum Discussion
Hi smm,
Sure thing! You can set up your part-time employee by switching their pay basis to Salary. This way, their pay isn't based on how many hours they work but on a fixed amount for their workweek. Since they’re on a four-day workweek, just figure out their weekly or pay-period salary and pop it into their settings.
Cheers,
Princess
Thanks Princess. Are there any consequences of doing it this way?
Hi smm,
If you've got the employee set up properly, you’re all good to go. Make sure that the other Payroll Categories for salaried employees are also set to a salary type. To keep everything spot on for reporting, it’s always a good idea to have a quick chat with your financial advisor or accountant. Here’s a handy forum post about switching from hourly to salary pay that you might want to peek at.
Cheers,
Princess
Thanks Princess. How does long service leave accrue in this case, I assume that LSL accrues pro- - 80% (as it's 4 days a week) of what a full time employee would accrue in hours.
Is this correct?
