Stand-By Allowance - Monday To Friday


Award Definition

Banking, Finance and Insurance Award 2010 [MA000019]

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Applies from: 01/07/2023

Allowance Description

An employee required to be available by roster for stand-by to perform work outside their ordinary working hours must be paid a stand-by payment at the following rate:

 

Days

$ per day rostered on stand-by

Monday to Friday inclusive

21.09

Saturdays, Sundays and public holidays

43.08



What to pay

$21.09 per day

Notes

This is a type of on-call allowance. You will need to determine if this is part of the employee's ordinary hours or not to determine how to treat it.

Should you withhold tax?

Withhold tax from this allowance

Should super be paid on this allowance?

If this is part of ordinary hours, it should be included in ordinary times earnings. If it is outside of ordinary hours, it should not be part of ordinary times earnings

Should payroll tax be paid on this allowance?

Include this allowance for payroll tax purposes

How is it treated on the payment summary?

Include this allowance as part of gross wages

How should it be reported for Single Touch Payroll?

Gross PAYEVNTEMP47

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