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How many hours are there in a working week?

For the self-employed, the dry response to this third question asked by the Easy Setup Assistant is probably ‘infinite’. However, what this question is driving at is this: according to the award under which your employees work, how many hours make up a full-time working week?

This figure is important because MYOB software calculates entitlements such as holiday or sick leave in terms of hours. For example, if an employee works a 40-hour week and they’re owed four days sick pay, their entitlement shows up as 32 hours, not four days. Even if an employee works part-time, the number of hours in a full-time week is still relevant, as you’ll calculate their leave entitlements on a pro-rata basis.

By the way, if you have employees working under different awards and the number of hours in a working week differs across these awards, simply pick the number of hours that applies to most employees.

 

The contents from this page are taken from Making the Most of MYOB Payroll, 2nd edition, by Veechi Curtis, available online for only $19.95

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