Annual Leave Accruals – Handy Tip #1
Don’t make a common mistake of over accruing annual leave entitlements for permanent part time employees!
It’s really simple to work it out – just divide the number of hours worked each pay period.
For example, if Tracey is working 18 hours per fortnight the annual leave accrual per fortnight for her is 1.385 hours.
This equals 36.01 hours annual leave accrual for the year.
The trick is to remember the accrual is always 1/13th of the hours worked.
To contrast, a full time employee works 76 hours per fortnight so the annual leave accrual for them is 5.846 hours per fortnight, or 152 hours per year.
Need some help?
Contact Lisa Lee, HR Manager, for a free no-obligation consultation.