A leave rate modifier is a factor that is applied to the standard accrual rate of paid time off (PTO) or leave to adjust the rate at which leave is accrued for specific circumstances or conditions. Leave rate modifiers are used to customize leave accruals based on factors such as employee classification, length of service, or other criteria.
For example, an employer may use a leave rate modifier to increase the accrual rate for employees with longer length of service to reward loyalty. In this case, the modifier could be set to increase the accrual rate by a certain percentage or amount for each year of service.
Leave rate modifiers can also be used to adjust accrual rates for part-time employees, temporary employees, or employees in specific job roles. For example, part-time employees may accrue leave at a reduced rate compared to full-time employees, so a leave rate modifier could be applied to adjust the accrual rate accordingly.
By using leave rate modifiers, employers can tailor their leave accrual policies to meet the needs of their workforce and to comply with applicable laws and regulations. It's important for employers to clearly communicate leave rate modifiers and accrual policies to employees to ensure transparency and fairness.
A modifier is a variable that adjusts the calculated amount on a percent, amount, or number. In this instance, use a modifier to adjust manual leave entries. For example, Jane creates a leave rate to calculate time and a half for overtime pay. She enters 150% in the Modifier field. When the overtime leave rate calculates it will multiply the amount by 1.5 (or 150%).
1. Open Connect Payroll > Organization > Leave Rates.
2. Use the field titled Rate Number to enter a leave rate. Press Enter.
3. Click to select the field titled Modifier.
4. Enter the leave rate modifier as a percentage.
To enter 100%, type 100.00 not 1.00
5. Click Save (CTRL+S).
The leave rate modifier is saved.
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