Banking Staffing Updates
BANKING STAFFING UPDATE - 25 MARCH 2020
Suggested process for Anticipating Banking Staffing FTTE Usage for Relievers on Autopay During the 4 Week Lockdown.
For all day relievers employed so far this year,
1 Divide each reliever's total days or hours worked over the 8 weeks (approx) this year by 4 to establish the fortnightly average days/hours worked to apply to the 4 week lockdown for Autopay. (2 weeks are hols, hence the divisor of 4).
2 Multiply the result by 0.14 if counting days, or multiply by 0.03 if counting hours to arrive at the likely ftte usage for the 4 week lockdown period for each reliever to apply to your planner or spreadsheet.
3 If lockdown continues after 4 weeks, use this ftte usage for each subsequent fortnight's likely usage.
Gavin Price
NZPF Life Member. gavin.price@xtra.co.nz 027 607 6220
Suggested process for Anticipating Banking Staffing FTTE Usage for Relievers on Autopay During the 4 Week Lockdown.
For all day relievers employed so far this year,
1 Divide each reliever's total days or hours worked over the 8 weeks (approx) this year by 4 to establish the fortnightly average days/hours worked to apply to the 4 week lockdown for Autopay. (2 weeks are hols, hence the divisor of 4).
2 Multiply the result by 0.14 if counting days, or multiply by 0.03 if counting hours to arrive at the likely ftte usage for the 4 week lockdown period for each reliever to apply to your planner or spreadsheet.
3 If lockdown continues after 4 weeks, use this ftte usage for each subsequent fortnight's likely usage.
Gavin Price
NZPF Life Member. gavin.price@xtra.co.nz 027 607 6220
Gold Business Partners
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National Office Address
Level 8, The Bayleys Building
36 Brandon Street
P O Box 25380 Wellington 6140
Tel: 04 471 2338
Level 8, The Bayleys Building
36 Brandon Street
P O Box 25380 Wellington 6140
Tel: 04 471 2338
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