Au Payroll - Template option for a 'Fixed Salary' employee
With employees on a salary contract for say 80K that compensate for extra hours each week (up to 57hrs) there is an issue with the current xero pay templates adding pay for every hour above 40hrs, as leave is calculated on number of hours worked. With these types of salaries it would be good to adjust the hours worked on each weekly payrun without it changing the payment amount but still changing the leave as per the award requirements. Currently the only way to handle this is creating a new payroll line item of "additional hours only contributing to leave" with a salary multiplier of '0'. Kind of hacky.
It would be great if there was a more standard way of handling this - like options on the full time salary that could be selected for this type of case.
These salary contracts are a standard award feature in the Restaurant Award. For reference, here is the Restaurant Award - the section related to this discussion is the R.3 Exemption Rate on page 78 of the award pdf.
https://asset.fwc.gov.au/documents/documents/modern_awards/pdf/ma000119.pdf
Adrian Anderson
shared this idea
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Jason Armfield
commented
That xero can have a working option for salaried employees. That allows all leave requests to be calculated at 8 hours per day (or 7.6) and can their payslip show a fixed hours and hourly rate each month