Holiday Pay As You Go

To set an employee to receive their Holiday Pay on an As-You-Go basis view their record under Manage > Employees. Ensure the employee's normal rate is excluding holiday pay, and the holiday pay % on the employee's Leave tab is set appropriately (usually 8%). On their Leave tab select the check box Pay As You Go under the Holiday Pay settings to include this employee's holiday pay with each pay. 

Since Date - Under the holiday pay header the since date shows either the employees start date or the last leave anniversary date if they've been employed for longer than 12 months.

Holiday Earnings - Displays the gross earnings for that employee from the since date.

Holiday Pay % - Will be set to 8% for employees receiving 4 weeks of leave annually, for employees who are contracted for 5 weeks of leave this will be set to 10%.

Holiday Pay Accrued - This will show the holiday pay percentage of the Holiday Earnings. In the example below this is 8% of $4000.

Holiday Pay Due - The amount owing to the employee that has not been paid out.

Once an employee is set to receive Holiday Pay As You Go, the appropriate amount will be automatically calculated by PayHero each time a pay is created.

In the first pay after setting an employee on Holiday Pay As You Go, PayHero will automatically pay out all outstanding Holiday Pay. This may raise a warning message in the draft pay stating that the holiday pay amount is different to the % amount set for that employee, for the initial pay out of accrued Holiday Pay this is expected.

For information about when pay as you go provisions can be used please refer to the MBIE website.