Government Bonus Part-timer Settings

Overview

Employees are paid a Statutory Bonus and a Weekly Allowance (based on this source: Bonus and Weekly Allowances) every 3 months, alternating between Statutory Bonus and Weekly Allowance. Such allowances are taxable. 

• The Statutory bonus is paid in June and December each year and amounts to €135.10.
• The Weekly allowance is paid in March and September each year and amounts to €121.16. 

Contents

1. Permissions
2. Payroll settings
3. How it works
4. Government bonuses payment schedule
5. Extra Basic Hours
6. Irregular employees

Permissions

You need to have the 'Manage Payroll' and 'Manage Client Settings' permissions.

Payroll settings

On Talexio, users have the option to pay these bonuses to employees on a Part-Time schedule more frequently. To do so, go to settings and click on the Payroll tab. 

How it works

By switching the switch on, a fixed part time employee (i.e. a non-full time employee who works on a regular weekly schedule) will have their bonuses spread over three month periods rather than every six months. Having this switch turned on or off does not impact the the total amount of bonus received in a calendar year. They will receive the bonuses prorata. 

By default, this switch is turned off. 

Government bonuses payment schedule

How are the amounts of government bonuses distributed? Take a look at the table below: 

Extra Basic Hours

When Extra Basic Hours are included in a payslip, these will be taken into consideration for the Government Bonuses. Even though these are taken into consideration, the amount of the bonus will not exceed the Maximum amount available. When these are added into the payslip, the date provided for the extra hours will determine the bonuses the Extra Basic Hours are linked to. In the example below, the hours added will be taken into consideration for the December and March Bonuses.

Irregular employees

But what about irregular employees? 

Regardless of the status of the 'More frequent bonuses for fixed part-timers' switch, irregular employees are paid government bonuses on a quarterly basis. 

Therefore, in December they are paid 2 bonuses. Part of the March Weekly Allowance (for hours worked before 1st October and 31st December) and part of the December Statutory Bonus (for hours worked between 1st October and 31st December). They would have been paid for the remaining portion of the December Statutory Bonus in September, and they will be paid for the remaining March Weekly Allowance the following September.

When Extra Basic Hours are added to a payslip for irregular employees, the hours will need to be added to a payslip within the quarter in which those hours should be considered in the bonus and be paid. For example, If Extra Basic Hours for September are added to the October Payslip, these hours will not be considered for the Bonuses for that Quarter. This would be because the Bonus considers hours added between 1st October and 31st December. The September hours included in the October payslip will also not be included in the September bonus since this has already been paid and passed.

Please take note of the table below outlining the bonus quarters and the date ranges considered: