10 Awards
From TrueERP wiki
Awards
Do you understand the importance of the "Award" and how to set it up?
The Award + button allows the User to create new awards specific to their own industry/business. An Award affects the rate of pay, deductions, and allowances, along with other aspects of a pay such as superannuation. Therefore please ensure you familiarise yourself with deductions and allowances etc, before creating new awards. Payroll Preferences is another key area to understand before proceeding to create new awards.
A specific Award can be attributed to an Employee from within the Employee Card. The User must have Payroll Access to have the ability to load all the required settings for each employee.
- Select the Payroll Module and then Award + Button
- From the Standard Details tab enter the Award Name you are creating
- Select a Department or Default
- Select the Pay Period either Weekly - Fortnightly - Monthly
- Select the Super Type from the dropdown either Percentage or Amount
- Enter the Super Value in relation to the Super Type just chosen E.g. 9%
- Tick to use the Default Super Threshold or manually enter a Threshold for this Award
- Tick if you wish to Pay Super on Leave Loading for this new Award
- Sick Days Leave Cap defaults to 8 - This is the maximum accumulated accrual allowed (not the maximum per year). Change to the relevent figure and if accumulated accrual is uncapped, leave blank.
- Meal Break Hours is a manual entry field E.g. 1 hour meal break for this Award.
- Meal Break Threshold loads automatically as per the default setting defined in Preferences. The Threshold relates to the number of hours the employee can work before taking a meal break
- Select the Leaves Tab.
- Select a Leave Type from the Drop Down either Annual Leave - Sick Leave - Leave without Pay - Long Service Leave - Special Leave
- Accrue After should be number 0 and period Pay unless you wish to set a waiting period before these Leave Types start Accruing for this new Award E.g. If you don't want Sick Leave accruing for the first month, then you would enter 4 in the Number column if the Pay Period is Weekly
- Accrue - the Hours required for the period selected per hour, per pay or per week
- Enter the Leave Loading rate E.g 17.5%
- Accrue between Dates allows you to set a date range for the accrual of any Leave Type associated with this Award
- E.g. Accrue Sick Leave between 1/3/07 and 31/8/07. This would be used only if an accrual rate changes such as if an employee went from casual to permanent.
- Select the Classification tab he first classification should be Standard
- Select the Type from the drop-down list E.g. Hourly Rate.
- In the Rates field enter the Full Time - Part Time - Casual hourly rates
- Enter the Casual Loading if applicable.
- Advance to Next Level from Start Date/DOB allows you to set an automatic Progression for employees on this Award E.g An apprentice may start on a basic pay rate but progress to the Next Level after a certain time or a birthday.
- Create other Classifications in the same way which will load into the Next Level dropdown to enable selection E.g. Employee's on this Award will be paid at the Standard pay rate for the first 6 months of employment, then will automatically progress to the Next Level pay rate thereafter, until further pay rate increases are selected manually.
- Classification Allowances is where you enter any Allowance that is to be available to any employee on this award E.g. Meal Allowance
- Enter the Amount of the Allowance
- Select whether the Amount is in $ or is a %
- Select from the Based On drop-down list the basis of the allowance being paid Hours - Week - Day - Pay - Wages etc
- Deductions and Extra Payrates are inputed in the same way.
- Make sure the Active box is ticked and Save
