Annualised Leave Loading Clause Samples

Annualised Leave Loading a) For the purpose of annualising leave loading, a value of 1.3% is added to the Base Wage Rate and factored into the Ordinary Wage Rates for employees on four weeks annual leave and 1.9% is added to the Base Wage Rate and factored into the Ordinary Wage Rate for employees required to work over the seven days and/or 24 hours of the day b) The amount of annual leave loading for employees entitled to four weeks’ annual leave for each completed year of service shall not exceed a rate equivalent to 17.5% of four weeks’ salary of a General Division Level 8.1 employee as per Schedule 2 – General Division Salaries under the Public Sector CSA Agreement 2019 (or its replacement agreement) as at 1 January in the calendar year in which the leave commences. The rates applicable until the end of calendar year 2021 are shown in the following table. Commencing on or after 1 January 2020 $1,802.05 Commencing on or after 1 January 2021 $1,815.47 c) The amount of annual leave loading for employees entitled to five weeks’ annual leave for each completed year of service shall not exceed an amount of 5/4th of a rate equivalent to 17.5% of four weeks’ salary of a General Division Level 8.1 employee as per Schedule 2 – General Division Salaries under the Public Sector and CSA Agreement 2019 (or its replacement agreement) as at 1 January in the calendar year in which the leave commences. The rates applicable until the end of calendar year 2021 are shown in the following table. Commencing on or after 1 January 2020 $2,252.56 Commencing on or after 1 January 2021 $2,269.34