Reckon Payroll data shows 32% growth in leave balances from 2020

December 17, 2021 08:17 PM AEDT | By Sukriti Nair

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Reckon Payroll data shows 32% growth in leave balances from 2020 — Image source: © Tumsasedgars | Megapixl.com

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Highlights

Payroll data from Reckon software shows a 32% surge in annual leave balances from 2020.

Pandemic considered as a reason for increase in leaves on companies' books.

Rapid increase seen in the June and September quarters of lockdown.

COVID-19 led lockdowns are forcing industrial closures. This is prompting employees to take their available vacations. The payroll data from Australian accounting software firm Reckon has depicted a 32% growth in annual leave balances compared to previous year 2020. The stat is more than double the 2019 level.

How did Pandemic reduce holidays and leaves?

Sporadic lockdowns, intermittent travel restrictions and international and domestic border closures throughout the year, have affected planned holidays and leaves.
Those entitled could not avail holidays, while staff that was stood down may still have had accrued leave entitlements.
Due to this a ballooning balance of leaves is still left with a number of employees in almost all organisations.

Also Read- Is the sun shining again on the battered Australian travel sector?

Now, it is a fact that employment contracts often contain standardized clauses allowing employer to direct staff to take leave if excess value is accumulated.
The agreements also contain information on vacation rights and disproportionate vacation limits.
So, according to the Fair Works Ombudsman, employers can force employees to go on leave, while meeting certain criteria.
On the other hand, some bosses may be reluctant to approve long leave as they might face difficulties in hiring new or cover workers temporarily.

Bottom line

Given, the resurging COVID-19 and Omicron scare, how different 2022 will be for employers and staff is doubtful. However, the entire statistic reveals a fact that there is a need for staff and organisations to plan leaves well in advance to strike a correct work life balance, leading to a win-win situation for both.

Also Read- What does Frydenberg’s MYEFO say on the Australian economy?

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