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Leave loading (or holiday loading) is extra pay employees receive while on annual leave. It helps cover lost overtime, penalty rates, or extra costs incurred during leave. Employers must check eligibility under the National Employment Standards, contracts, or awards and calculate it correctly, as mistakes can lead to fines, back payments, and damage to reputation.
This article discusses how leave loading works, the different types of leave loading, and how to calculate it.
Contents
What is leave loading?
HR’s role in leave loa
dingPayroll’s role in leave
loadingHow to calculate leave
loadingHow to determine leave loading enti
tlementsAnnual leave loading vs. holiday leave
loadingDoes leave loading