Calculate accruals (RDO’s) with Aussie Time Sheets Premier
Continuing on from our most recent article which covered Calculating Loadings this next article will focus on accruals. An accrual is a common benefit that an employer will provide for employees. This means that as time passes, an employee accumulates additional time and this time is placed in a bank.
Our ATS Premier version gives you the ability to calculate multiple accruals. This feature is particularly useful if your employees work additional hours over a period of time which is not paid and for and those hours are banked to be taken at a later time.
- A required day off (RDO) is a day in a roster period that an employee doesn't have to work. An employee's day off can be paid or unpaid, depending on how RDOs are set out in an award or registered agreement.
- An Acquired day off (ADO) is a day in the period of time where the employee may have worked too many hours. Employees working more than 38 hours per week are provided with a paid Additional Day Off (ADO) so that the hours that they work average out to 38 per week.
- Time off in Lieu (TOIL) & Time in Lieu (TIL) Some awards and registered agreements allow time off to be taken instead of being paid overtime pay. This is also known as 'time in lieu', 'time off in lieu' or 'TOIL'.
An example of this is when an employee has worked extra hours that add up over a set period of time and this is taken as an RDO. The same example applies for an acquired day off (ADO). Time in lieu (TIL) and Time off in lieu (TOIL) is the time that is accrued over an employee 38 hour week. For example, when a full-time employee works a 40 hour week and is paid for 38, 2 hours is accrued over a 3 week period when on the 4th week they are entitled to take 6 hours of time off and is paid from the time accrued. This can happen across many industries depending on the rules in the award that applies to your organisation's industry.
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