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Conversion of staff resource to cash—AAEP

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Note: This program has ceased at the end of 2018 financial year.

Purpose

To assist schools with the ability to convert residual AAEP AO2 FTE allocations to cash.

Duration of program

Ongoing

Eligibility

All state primary and secondary schools.

Allocation of funds

Cash conversion is calculated on the following basis:

FTE x 41.33 (Permanent FTE to Casual Hours per Week Conversion Factor) x 20 Weeks x AO2/1 Hourly Rate.

AAEP AO2 FTE to cash conversions are undertaken using the AO2 Pay point 1 Hourly Rate (with a casual oncost loading).

Payment details

Type Time Proportion

Semester 1

April/May

100% (Unused semester allocation)

Semester 2

September

100% (Unused semester allocation)

Data requirements

Conversion data is provided each semester by Regional Offices who are responsible for ensuring the conversion amounts are appropriate and accurate.

Data Source Time collected

Unused AAEP AO2 FTE

Regional AAEP School Admin FTE Conversion Return

April and September

AO2 Paypoint 1 Hourly Rate and Oncost Multiplier

Finance Branch

January

How to apply

Schools determine residual to be converted based on local requirements and submit request to their regional office according to timelines described.

Contact

Central Queensland
Telephone (07) 4842 8300

Darling Downs and South West
Telephone (07) 4616 3771

Far North Queensland
Telephone (07) 4046 5222

Metropolitan
Telephone (07) 3422 8352

North Coast
Telephone (07) 3203 9000

North Coast
Telephone (07) 3203 9000

North Queensland
Telephone (07) 4758 3222

South East
Telephone (07) 5656 6688

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Last updated 11 February 2020