Annual Wages Budget 1.0
alculates annual cost of all employees including Superannuation, Workcover, Leave Loading & Long Service Leave, based on wage conditions in Australia.
After entering the Employment Conditions relevant to the particular Award, EBA or MBA applicable to their organisation, the user can enter anticipated hours per week, rate per hour, start & end dates for each employee.
The Calculator will produce the total cost of payroll for 12 months and also break it down into a weekly cost.
The main application for this tool is financial planning, and provides the mechanism to decide the staff hours feasible within the annual payroll budget of the organisation.