MYOBCommunity
Partner Zone
|
|
Partner Zone

Holiday Pay

This thread is now closed to new comments.
Some of the links provided in this thread may no longer be available or relevant.
If you have a question please start a new post.
Experienced User Linesman
40 Posts
Experienced User
New Zealand
Linesman
Experienced User

40Posts

1Kudos

0Solutions

Holiday Pay

A few of my employees have holiday pay retes higher than normal working days. Is this an error or is there some reason for this?

Thanks

1 REPLY
Ultimate Partner jenniek
2,191 Posts
Ultimate Partner
New Zealand
jenniek
Ultimate Partner

2191Posts

858Kudos

278Solutions

Re: Holiday Pay

Hi @Linesman

This is probably correct -as annual leave, sick leave, public hols and bereavement leave are required to be paid at the average of the previous 12 months earnings - when the leave happens. MYOB Payroll calculates this average automatically for annual leave - and it can change if your staff work overtime or get extra money such as a bonus, commission etc. If you have the normal hours per week too low - then the rate will be much higher than their normal rate of pay.

Regards,
Jennie Kingma
JK Business Systems Ltd, Hamilton, NZ
Email: jennie@jkbusiness.co.nz
Didn't find your answer here?
Try using advanced search to find a post more easily Advanced Search
or
Get the conversation started and make a new post Start a Post