How can I show casual holiday loadings as a separate amount?

Some awards stipulate that payslips should show casual hourly rates and casual holiday loadings as separate amounts. In these situations, you create a holiday loading category that is one-twelfth of the base hourly rate.

For example, if the base rate for permanent staff is $24 an hour, a casual would earn $26 an hour (that is, $24 plus one-twelfth). If the casual earns time and a half, their rate would be $24 multiplied by 1.5 plus the $2 holiday loading, equalling $38 per hour. (Their rate would not be $26 multiplied by 1.5, which would be $39 per hour.)

University mathematics aside, here’s how you get everything to work out using MYOB payroll

1. Enter the casual hourly rate as the Hourly rate in Employee Payroll Information for each employee.
2. Create a new wages category called Holiday Loading. Select Hourly for Type of Wages and enter 0.0833 in the Regular Rate Multiplied by field (1 divided by 12 equals 0.0833). 
3. Click Employee and select all casual employees as being eligible for this category.

Now, to get this loading to show up on every pay:

1. Complete the casual’s pay in the same way you normally would. Once all details are complete, total the number of hours worked.
2. Pay this number of hours in holiday loading, showing it as a separate line in the pay.

The contents from this page are taken from the MYOB Payroll eBook series, by Veechi Curtis, available online for only $9.95 each.

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