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 […]
Comparing Leave Benefits Worldwide: Key Insights
In today’s interconnected global workforce, understanding leave entitlements across different countries is essential for both employers and employees. Whether you’re managing an international team, considering relocation, or simply curious about how your country compares, this comprehensive guide breaks down the key leave benefits workers are entitled to around the world. Understanding the Four Pillars of […]
Difference between Australian and New Zealand Leave Entitlements and Calculations – Part 2 New Zealand
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 […]
Difference between Australian and New Zealand Leave Entitlements and Calculations – Part 1 Australia
We are often asked what the differences are between New Zealand and our neighbours in Australia so hopefully the following helps in relation to Payroll Legilsation at least. This post just covers Australia and a following one will outline New Zealand’s. In Australia there is employment legislation called “Fair Work Act 2009” Employees are covered […]
New Feature – The ability to add and track any form of on-cost
When it comes to payroll there are a number of additional, often overlooked, costs which are directly related to the wages you pay your employees. The most common ‘add-on costs’ are Employers Kiwisaver and Annual Leave, that is these are employer costs which are incurred when an employee works. Other add-on costs could be Employer […]