AN170101 – Tasmanian Information Technology Industry Award

2. ANNUAL LEAVE LOADING FOR PROFESSIONAL STREAM EMPLOYEES

In respect of annual leave a professional stream employee shall be paid a loading of 17.5% of his/her entitlement calculated at their normal rate of salary.

Provided always that:

In no case where the loading is calculated on the basis of 17.5 per cent of the normal rate shall it exceed the loading which would be payable in respect of an employee classified in accordance with Part III, Clause 5 - Salary Rates, Level 4 - Professional Engineer

Where employers, in determining the total remuneration of employees, have taken into account that an annual leave loading will not be paid to their employees because the total remuneration has been fixed having regard to this fact or because other benefits related to annual leave of equal value have been granted by the employer, an entitlement to annual leave loading prescribed herein shall not accrue.