Annual Leave (Incorrect Rate)
Nov 16, 2024
868
🎯 Annual Leave (Incorrect Rate) does not increase the leave balances. If the Leave Balances need to be increased, Annual Leave (Incorrect Hours) should be used instead.
🎯 If you are unsure if this Pay Type applies to your circumstances, please refer to the Payee's Employment Contract or obtain advice from either the Australian Taxation Office or Fair Work Ombudsman.
Annual Leave (Incorrect Rate) is applicable when the Payee was underpaid Annual Leave in a prior pay period due to an incorrect $ (or % of Rate Per Hour) being recorded in the Pay Run.
Annual Leave (Incorrect Rate) uses the $ (or % of Rate Per Hour) set within the Pay Rate and Leave Entitlements are not applicable. Payments with this pay type are considered to be W1 (Total of Salary, Wages & other payments), Taxable and Ordinary Time Earnings (OTE).
