Entitled vs Accrued vs Advanced Leave Explained
Annual leave can be confusing for both employers and employees. Under the New Zealand Holidays Act 2003, workers are entitled to a minimum of four weeks’ paid annual leave per year (20 working days for full-time employees). However, understanding the difference between entitled, accrued, and advanced leave is crucial for proper payroll management and ensuring compliance […]
Entitled, Accrued and Advanced leave – what is the difference?
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 […]