Time and Half (Incorrect Rate)
Nov 16, 2024
487
🎯 If you are unsure if this Pay Type applies to your circumstances, please refer to the Payee's Employment Contract or obtain advice from either the Australian Taxation Office or Fair Work Ombudsman.
Time and Half (Incorrect Rate) is applicable when the Payee was underpaid Time and Half in a prior pay period due to an incorrect $ (or % of Rate Per Hour) being recorded in the Pay Run.
Time and Half (Incorrect Rate) uses the $ (or % of Rate Per Hour) set within the Pay Rate and Leave Entitlements are not applicable. Payments with this pay type are considered to be Salary & Wages and Taxable, however, they are not Ordinary Time Earnings (OTE).
