Work out your annual leave pay with the 17.5% leave loading most awards pay, for any number of hours or weeks off.
17.5% loading, full-time 38-hour week.
| Hourly rate | Loading on 1 week | Loading on 4 weeks |
|---|---|---|
| $25.00 | $166.25 | $665.00 |
| $30.00 | $199.50 | $798.00 |
| $35.00 | $232.75 | $931.00 |
| $40.00 | $266.00 | $1,064.00 |
| $45.00 | $299.25 | $1,197.00 |
| $50.00 | $332.50 | $1,330.00 |
| $60.00 | $399.00 | $1,596.00 |
Multiply your leave pay at your base rate by 17.5% (or the rate in your award). One week off on $40 an hour for 38 hours is $1,520 of leave pay plus $266 loading.
No. It isn't a National Employment Standard. Most modern awards include it, but award-free employees only get it if their contract or agreement says so.
Yes, it's part of your income. Your employer withholds tax on it with your leave pay, and it's included on your income statement.
No. Casuals don't get paid annual leave, so there's no leave loading. Their 25% casual loading is paid instead.