Contractor Payment Process & Schedule
As a Precision Sourcing contractor, it is important to us that you feel comfortable understanding how you will be paid. See below a table of FAQ’s as well as a number of videos that will walk you through each stage of the payment process.
If you have any further questions please feel free to either contact the finance team via accounts@precisionsourcing.com.au or you Precision Sourcing recruiter.
Table of Contents
2023 Pay Schedule
- Paid two (2) weeks in arrears
- Timesheets to be approved by 5pm on Mondays – this is important to make sure that timesheets are processed for payment on time.
- Timesheet due dates in underlined have been changed from Mondays to Tuesdays due to public holidays fallen on Mondays
- Pay date in underlined has been changed from Thursday to Wednesday due to a public holiday fallen on Thursday
- Final pay date for 2023 (21/12/2023) is an additional payrun before Precision Sourcing office shutdown for Christmas break from 22/12/23 – 8/01/2024
- When a contract is finished, a candidate will be paid for the final timesheet in the regular fortnightly pay run (check the 2023 PSA Contractors’ Payroll Schedule)
| Week 1 Commencing Date | Timesheets Due Date in Timesheet Portal for Week 1 (Mondays 5pm) | Week 2 Commencing Date | Timesheets Due Date in Timesheet Portal for Week 2 (Mondays 5pm) | Pay Dates (Thursdays) |
|---|---|---|---|---|
| 26/12/2022 | Tuesday, 3/01/2023 | 2/01/2023 | 9/01/2023 | 12/01/2023 |
| 9/01/2023 | 16/01/2023 | 16/01/2023 | 23/01/2023 | Wednesday, 25/01/2023 |
| 23/01/2023 | 20/01/2023 | 30/01/2023 | 6/02/2023 | 9/02/2023 |
| 6/02/2023 | 13/02/2023 | 13/02/2023 | 20/02/2023 | 23/02/2023 |
| 20/02/2023 | 27/02/2023 | 27/02/2023 | 6/03/2023 | 9/03/2023 |
| 6/03/2023 | 13/03/2023 | 13/03/2023 | 20/03/2023 | 23/03/2023 |
| 20/03/2023 | 27/03/2023 | 27/03/2023 | 3/04/2023 | 6/04/2023 |
| 3/04/2023 | Tuesday, 11/04/2023 | 10/04/2023 | 17/04/2023 | 20/04/2023 |
| 17/04/2023 | 24/04/2023 | 24/04/2023 | 1/05/2023 | 4/05/2023 |
| 1/05/2023 | 8/05/2023 | 8/05/2023 | 15/05/2023 | 18/05/2023 |
| 15/05/2023 | 22/05/2023 | 22/05/2023 | 29/05/2023 | 1/06/2023 |
| 29/05/2023 | 5/06/2023 | 5/06/2023 | Tuesday, 13/06/2023 | 15/06/2023 |
| 12/06/2023 | 19/06/2023 | 19/06/2023 | 26/06/2023 | 29/06/2023 |
| 26/06/2023 | 3/07/2023 | 3/07/2023 | 10/07/2023 | 13/07/2023 |
| 10/07/2023 | 17/07/2023 | 17/07/2023 | 24/07/2023 | 27/07/2023 |
| 24/07/2023 | 31/07/2023 | 31/07/2023 | 7/08/2023 | 10/08/2023 |
| 7/08/2023 | 14/08/2023 | 14/08/2023 | 21/08/2023 | 24/08/2023 |
| 21/08/2023 | 28/08/2023 | 28/08/2023 | 4/09/2023 | 7/09/2023 |
| 4/09/2023 | 11/09/2023 | 11/09/2023 | 18/09/2023 | 21/09/2023 |
| 18/09/2023 | 25/09/2023 | 25/09/2023 | Tuesday, 3 October 2023 | 5/10/2023 |
| 2/10/2023 | 9/10/2023 | 9/10/2023 | 16/10/2023 | 19/10/2023 |
| 16/10/2023 | 23/10/2023 | 23/10/2023 | 30/10/2023 | 2/11/2023 |
| 30/10/2023 | 6/11/2023 | 6/11/2023 | 13/11/2023 | 16/11/2023 |
| 13/11/2023 | 20/11/2023 | 20/11/2023 | 27/11/2023 | 30/11/2023 |
| 27/11/2023 | 4/12/2023 | 4/12/2023 | 11/12/2023 | 14/12/2023 |
| 11/12/2023 | 18/12/2023 | 18/12/2023 | 25/12/2023 | 21/12/2023 (additional payrun prior Christmas closure) |
Quarterly superannuation due dates and which periods:
Note: SQ Quarter dates relate to PAY DATES, not pay periods.
2023 Public Holidays
| SG Quarter | SG Due Date |
|---|---|
| 1 July - 30 September | 28 October |
| 1 October - 31 December | 28 January |
| 1 January - 31 March | 28 April |
| 1 April - 30 June | 28 July |
| Public Holiday | 2023 |
|---|---|
| New Year's Day | Sunday, 1 January |
| New Year's Day (day in lieu) | Monday, 2 January |
| Australia Day | Thursday, 26 January |
| Good Friday | Friday, 7 April |
| Easter Saturday (Saturday following Good Friday) | Saturday, 8 April |
| Easter Sunday | Sunday, 9 April |
| Easter Monday | Monday, 10 April |
| Anzac Day | Tuesday, 25 April |
| King's Birthday | Monday, 12 June |
| Bank Holiday | Monday, 7 August |
| Labour Day | Monday, 2 October |
| Christmas Day | Monday, 25 December |
| Boxing Day | Tuesday, 26 December |
Contractors
Create a password and log in to Astute
Timesheet Submission
Expense Submission
IR330C Form & IRD Letter
As a Precision Sourcing New Zealand contractor, you need to email us via accounts@precisionsourcing.com.au :
–
completed IR330C form
which indicates the percentage of tax we must withdraw from your pay;
– a screenshot from myIR/letter from IRD that verifies your GST registration. If you are NOT GST
registered, please let us know so that we can set up your profile correctly.
