Annual Leave Rate

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Contributing User Nick-West
5 Posts
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New Zealand
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Annual Leave Rate

Hi I need to set up a pay code for a daily onsite allowance employees are paid eg if they work 40hours a week they get an extra $40 onsite allowance, this allowance need to be reflected in their annual leave rate, so what do I set the paycode up with Gross Earnings or Taxable allowance please.

MYOB Moderator Steven_M
32,904 Posts
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New Zealand
MYOB Moderator




Accepted Solution Solved

Re: Annual Leave Rate

Hi @Nick-West 


An employee's annual leave rate is based on the average weekly earnings or ordinary weekly pay, whichever one is higher. Average weekly earnings being the gross earnings for the last 12 months divided by the number of weeks worked.


As such, if you do need to set up a pay code that has its values included in the annual leave rate you would need to set it up as a Gross Earnings type.

Kind regards,

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