Statutory Days and other Pay Items with Dynamic Rates

Overview

In accordance with New Zealand legislation, statutory days are to be paid to employees using a dynamic rate calculation: Relevant Daily Pay (RDP) or, if this can’t be calculated, Average Daily Pay (ADP).

This is managed in Astute portals by creating a statutory day pay item and configuring a Pay Rule that will pay out one unit of statutory day at the relevant Dynamic Rate when the rule’s conditions are met. 

Configure a Statutory Day Pay Item

The pay item for statutory days should be configured with the following settings:

• Pay Item Type must be set to 'Pay'
• Pay Basis must be set to ‘Pay one unit’
• Rate Calculation Method must be set as ‘Dynamic Rate’

When you select the Rate Calculation Method as Dynamic Rate, you’ll then need to select which Dynamic Rate calculation should be applied to the pay item (eg Relevant Daily Pay, Average Daily Pay).  These calculations will apply in the same way as the existing calculations used for leave categories.

You’ll also need to select whether the Dynamic Rate should be calculated based on the employee’s Actual Time Worked or on their Reporting Timesheet. 

Create a Pay Rule for Statutory Days

An example of a Pay Rule for a statutory day not worked is below. When the conditions are met, one unit of the Statutory Day pay item is paid to the employee using the selected Dynamic Rate. 

Statutory Days in Process Payroll

Similarly to leave that uses Dynamic Rates, the Statutory Day pay item line in Process Payroll will include the information popout, which identifies the Dynamic Rate that was used and a link to a breakdown of how the amount has been calculated.