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   027 607 6220   gavin.price@xtra.co.nz