Payroll and Remuneration
Accurate and timely remuneration is a priority at Marymede Catholic College. The payroll process is managed centrally to ensure all staff are compensated in accordance with their respective employment agreements and MACS (Melbourne Archdiocese Catholic Schools) regulations.
1. Pay Cycle and Schedule
- Frequency: All staff are paid on a fortnightly basis.
- Pay Day: Remuneration is processed for arrival in your nominated bank account every other Thursday.
- Disbursement: Funds are transferred via Electronic Funds Transfer (EFT). While the College processes payments early, the exact time the funds appear in your account may vary depending on your financial institution.
2. Payslips and Records
- Digital Access: Payslips are issued electronically for every pay cycle. These documents provide a detailed breakdown of your gross earnings, taxation, superannuation contributions, and any voluntary deductions.
- Review: Staff are encouraged to review their payslips regularly. If you notice any discrepancies in your pay or leave balances, please contact the Finance Office immediately.
3. Overtime and Additional Hours
- Authorisation: Any additional hours or overtime worked beyond your contracted hours must be pre-authorized by your Line Manager.
- Timesheets: For staff required to submit timesheets (such as casual or certain non-teaching roles), these must be completed and approved by the relevant deadline to ensure inclusion in the current pay cycle. Late submissions may result in payment being deferred to the following fortnight.
4. Superannuation and Salary Packaging
- Superannuation: Contributions are made to your nominated superannuation fund in line with statutory requirements.
- Salary Packaging: Marymede offers salary packaging options for eligible staff (such as novated leasing or additional super contributions). Inquiries regarding the setup or adjustment of salary packaging should be directed to the Finance Team.
5. Banking and Personal Details
To ensure uninterrupted payment, please notify Finance promptly of any changes to:
- Nominated bank accounts.
- Residential or mailing address.
- Tax File Number (TFN) declarations.