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November 2019
November 2019
I administer a payroll of 18 employees who are essentially casuals. Everyone gets paid an hourly rate for their hours worked, those hours vary every fortnight at the discretion of the employee. There is no paid annual leave or sick leave in the traditional sense. PAYG withholding is deducted and remitted every month. Super guarantee is paid by the company and remitted every quarter. We are now trying to devise a system for "banking" hours worked to be paid as a universal type of "leave" at a future time. In other words, we are attempting to offer a mechanism whereby employees can access that bank of their hours worked but not paid to them at the time, in the future. It is totally at the discretion of each individual employee as to whether they want to take up the offer of this scheme. I would appreciate hearing your thoughts on this idea as well as solutions for taking account of such a scheme in MYOB. Thanks.
Solved! Go to Solution.
November 2019
November 2019
Hi @MT1982
Here is what I would do if had a situation where employees are using their paid hours as banked leave hours for the future:
The Setup:
Processing the pay
When you want to process the pay for an employee where they wish to bank some of the hours worked, you would enter the full amount of hours worked against the Base Hourly category i.e they worked 48 hours and want to bank 8 of those hours you would enter 48 against Base Hourly. You would then need to enter the number of banked hours against the wage category created at Step 1 of the set up but as a NEGATIVE (i.e. -8 hours against that wage category). You will also need to manually enter the same amount of hours against the Entitlement category as a POSITIVE. (i.e. 8 hours against that entitlement category)
Processing a bank where they are using that leave
You would just need to use that wage category created at Step 2 of the set up when the employee is going to take the leave (entered as a positive value).
November 2019
November 2019
Thank you Steven_M. I will set up as you advise.
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