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Annual Leave Tables - Values (NZ)

Payroll | Leave Setup | Annual Leave Tables | Values tab

Fields
Entitlement (weeks):

This field indicates how many weeks of annual leave an employee is entitled to after they work a full annual leave cycle on this table. The length of the cycle is determined by the Setup tab | Days in this AL cycle value.

Note: The Entitlement (weeks) field is available for all accrual methods and it is mandatory when Setup tab | Method of unit accrual = "Average Units", "Rostered Units" or "Weekly Rostered Units".

Entitlement (percentage of gross):

The Entitlement (percentage of gross) value is the percentage of the employee's gross income that is accrued as annual leave. For example, three weeks = 6%; four weeks = 8%; five weeks = 10%. This value is used in the following situations:

  • A termination pay
  • A company shutdown when the employee commenced employment in the same year and does not have their full entitlement.

    Note: Entitlement (percentage of gross) is available for all accrual methods.

Entitlement (units):

This field is generally used when Setup tab | Method of unit accrual = "Standard Units". This value is the number of units that this annual leave table will accrue during the leave cycle. For example, an employee is entitled to three weeks' annual leave a year.

  • If their Setup tab | Entitlement unit = "Days", then Entitlement (units) = 15.
  • If their Setup tab | Entitlement unit = "Hours", then Entitlement (units) = 120

If accruing in weeks and the Method of unit accrual is "Rost", one can fill this value in to the same value as the Entitlement weeks field in order to provide exactly the nominated number of weeks accrual on rollover.

 

Holiday pay gross calc. method:

This field has been obsolete since April 2004.

Today this setting only controls what you see in the following places of PayGlobal.

If you select the Use gross earnings accrued option, then "Amounts Accrued this year" will be Gross earnings accrued ($) value just before rollover.

If you select the Average - Standard option then

  • "Amounts Accrued this year"
    = Gross Qualifying Earnings * (Weeks entitlement / (Weeks in AL year minus Weeks Absent))
  • "Average AL rate"
    = Gross earnings accrued ($) x Percentage in AL table / Outstanding AL units

 

 

 

See also

Annual Leave Tables

Annual Leave Tables - Setup - NZ

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