Thousands of school staff are about to share more than $38 million in partial compensation for underpaid holiday entitlements. The Ministry of Education told schools this week it would make the first tranche of payments later this month. But it told RNZ full settlement of the problem would take several years, and $408m had been […]
We get a lot of questions around the labels used in payroll to describe Annual Leave so the following will hopefully help. Entitled, Accrued, and Advanced are used to define the different elements of Annual Leave. To understand them you first must remember that an employee’s Annual Leave year runs for a 12 month period […]
In New Zealand there is employment legislation called “Employment Relations Act 2000”, & “Holiday’s Act 2003”. The purpose of the employment relations act is to build productive employment relationships through the promotion of good faith in all aspects of the employment environment and of the employment relationship. This refers to both collective bargaining and individual […]
The accrual of annual leave is very important both for the employee and the employer. The employee wants to be assured they are receiving the correct amount of days and the employer wants to be assured they are not paying too much. For all employees on a permanent contract we need to know the number […]
Holiday pay calculations have been a grey area in some employers eyes, however the Holidays Act has always specified that bonus and commission payments etc. paid on a regular basis need to be added to the holiday pay calculation. This article appeared in the Sunday Times over the weekend and may be of interest to you. […]
The Government has passed amendments to the Employment Relations and Holidays Act. Most of the changes won’t take affect until April 2011 but some take affect immediately. Read a summary of the changes HERE!
From late July until early December the Holidays Act 2003 will be reviewed and any changes will most probably happen by the 1 April 2010. The Holidays Act 2003 is a major piece of legislation that impacts on everyone. If you wish to make a submission you can do so HERE.