Leave
Leave = Money, be it annual, sick or any type of leave.
Moagi Payroll Services will manage your leave, by maintaining all your records, capturing all leave taken and accruing monthly entitlements.
Provision: employees get 15 days per annum in order to accrue 1,25 days per month. The leave provision for the month is 1.25 multiplied by rate per day (1.25 X RPD = ) -According to BCEA leave is calculated on basic salary, any permanent allowance, Overtime & Commission over 13 week period and company contributions to Medical Aid or Retirement Fund).
Leave Liability: This is the actual value of the leave for an employee. For example, if an employee has 10 days’ vocation – then the leave liability is the value of the daily rate of pay multiplied by the 10 days due.
Failure to maintain leave records could cost employer a lot of money
Sick Leave: a five-day worker is entitled to 30 days over a three-year cycle and a six-day worker is entitled to 36 days over a three-year period.
The following leave types do not alter the balances but a control need to be kept.
Family Responsibility – this leave can only be taken in the following circumstances: death of spouse, child, grandparents, adoptive parents, parent, siblings- ill health of a child that is fully dependant on the employee
Study – has to be in the field of work
Unpaid – this will impact the salary and update the total leave balance.
Maternity Leave and Parental Leave