Inzenius Long Service Leave is the Answer 

Calculating Long Service Leave (LSL) can be complicated, especially for employees whose Ordinary Times Earnings (OTE) can be different for each pay period over the seven years plus accrual period(s).

Many recent cases have highlighted even the most sophisticated employee pay departments being found to have failed to pay LSL as required under the awards and legislation.  It can be a criminal charge if knowingly underpaying employees.

 

 

 

 

 

 

 

 

 

 

 

The payroll department often needs to identify the employee OTE for each range of OTE worked time in weeks and then apply the average to the leave accrual to accurately calculate the amount paid for the weeks of LSL. This process is time-consuming, and my calculations need to be made.

The Inzenius solution for any variable time worked leave accrual, including the LSL balance adjustment, is to accrue at each pay run based on the OTE times worked during the pay run period and automatically add the hours’ balance as pay is processed. Problem solved;

All that is needed when the LSL leave is to be taken is to use the Inzenius leave request and timesheet approval based on their base rostered hours for each day that can be modified to reflect the times the employee would have worked on the different days of the pay periods for the manager to sign-off in the regular timesheet’s approval days.

This efficient Inzenius process removes the need for complex calculations and ensures the leave balance and the payment to the employee are accurate.#ThatsInzenius #Payroll