Enter the number of hours that the employee works in a week. You must enter 0.00 or greater.
If you enter a number greater than 0.00, and the Salary field contains a number greater than 0.00, the system will default a value (Salary divided by Weekly Hours) into the Hourly Rate field.
The system uses this field in conjunction with the Hourly Rate field when calculating redundancy or "in lieu of notice" ETP payments. When calculating ETPs, the system multiplies this number by the number of eligible weeks to produce the total hours eligible for ETPs. This total hours is then multiplied by the Hourly Rate.
If you are generating ETPs for this employee, it is recommended that you enter the accurate hours in this field and not leave it at the default of 0.00 or ETP calculations will be incorrect.