Hi,
Could anyone please help me this somewhat complex timesheet (to include penalty rates and overtime rates). I’ve been trying all day without luck. It’s a major brain exercise.
Unfortunately underpayments happen rather commonly at my workplace. Hence I though it would be a good idea to utilise excel to help calculate my timesheets, rather than doing it by hand each time which takes a while. I’ve tried some commercial programs out there but most aren’t capable of calculating penalty rates.
I got up to number of hours worked, but had no luck proceeding further. – I’ve included what I’ve done so far in the excel file attached.
We are paid fortnightly and the work conditions are as follows:
Normal hours:
Expected to work 80 hours per fortnight at $26.17/Hr
Only paid 95% of these hours worked – remainder accumulates towards leave. (ie only paid for 76 hours (95%) of 80 hours)
Penalty rates:
Any ordinary hours worked between the following hours is paid at ordinary time ($26.17) plus the appropriate penalty rates:
(i) Hours worked between 6.00 p.m. and midnight, from Monday to Friday - 12.5% ($3.27) extra per hour.
(ii) Between Midnight and 7.00 a.m, from midnight Sunday to midnight Friday – 25% ($6.54) extra per hour.
(iii) Between Midnight Friday and midnight Saturday - 50% ($13.08) extra per hour.
(iv) Between Midnight Saturday and midnight Sunday – 75% ($19.63) extra per hour.
Overtime rate conditions
(1) All time worked in excess of 80 hours per fortnight (becomes rostered overtime) - common
(2) All time worked in excess of ten hours in any one shift (unrostered overtime) –uncommon
Pay rates for overtime:
• Paid at the rate of 1.5x ($39.26) for the first two hours, and 2x ($52.34) thereafter.
• All overtime performed on a Sunday, shall be x2 ($52.34).
Any help would be greatly appreciated.
Thank you so much,
Dave
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