Calculation of Annual Leave Pay. In respect to annual leave entitlements to which clause 7.1 applies, annual leave pay (including any proportionate payments) shall be calculated as follows: (a) Subject to clause 7.1.6(b), in no case shall the payment by an employer to an employee be less than the sum of the following amounts: (i) The employee’s ordinary wage rate as prescribed in clause 5.2 for the period of the annual leave (excluding weekend penalty rates); and (ii) A further amount calculated at the rate of 17½% of the amount referred to in clause 7.1.6(a)(i). (b) Clause 7.1.6(a) does not apply to: (i) any period or periods of annual leave exceeding 4 weeks; and (ii) employers who are already paying an annual leave bonus, loading or other annual leave payment which is not less favourable to employees.
Appears in 2 contracts
Sources: Collective Agreement, Collective Agreement
Calculation of Annual Leave Pay. In respect to annual leave entitlements to which clause 7.1 applies, annual leave pay (including any proportionate payments) shall be calculated as follows:
(a) Subject to clause 7.1.6(b), in no case shall the payment by an employer to an employee be less than the sum of the following amounts:
(i) The employee’s 's ordinary wage rate as prescribed in clause 5.2 Schedule 1 for the period of the annual leave (excluding weekend penalty rates); and
(ii) A further amount calculated at the rate of 17½% 17 1/2% of the amount referred to in clause 7.1.6(a)(i).
(b) Clause 7.1.6(a) does not apply to:
(i) any period or periods of annual leave exceeding 4 weeks; and
(ii) employers who are already paying an annual leave bonus, loading or other annual leave payment which is not less favourable to employees.
Appears in 1 contract
Sources: Collective Agreement