How to Understand a Wages Budget

Salary and wages, along with their associated on-costs, are invariably the single largest expense item in any early childhood service at well over 50% of total expenditure.

So, overall service budgeting can only be effective if services have a solid grasp on the key elements of wages budgeting including award rates, engaged hours, the effect of progression through classifications, and the Annual Wage Review of the Fair Work Commission.

CCSA member: $95
Non-member: $135

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