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What if the fixed term contract of employment falls across two HESA reporting periods, how should salary be reported?

April 26, 2017contract employment falls fixed hesa periods reported salary term

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What if the fixed term contract of employment falls across two HESA reporting periods, how should salary be reported?

2 Answers

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The salary should reflect the amount paid under the fixed term contract that falls within the reporting period 1 August 2002 – 31 July 2003. Example: 25 hours per week for 6 months from 1 April 2003 – September 2003, hourly rate of £10.00. Salary: 17 weeks x 25 hours = 425 hours, 425 hours x £10.

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The salary should reflect the amount paid under the fixed term contract that falls within the reporting period 1 August 2002 – 31 July 2003. Example: 25 hours per week for 6 months from 1 April 2003 – September 2003, hourly rate of £10.00.