Webinar: Step 5A-C. Leave rates, Carryover limits (08m12s)
Verify the employee leave rates and adjust carryover limits to carry leave hours to the next year.
Leave rates refer to the rate at which employees accrue paid time off (PTO), such as vacation, sick leave, or other types of leave, based on specific criteria like hours worked, length of employment, or a fixed schedule. These rates help employers calculate how much leave an employee has earned over a certain period.
A leave carryover limit refers to the maximum amount of unused leave, such as vacation or sick time, that an employee can carry forward from one accrual period (typically a year) into the next. This limit is set by company policy or labor regulations and ensures employees don't accumulate excessive leave balances.
In this webinar, learn how to:
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Step 5A. Verify leave time information [More]
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Step 5B. Verify carroyover limits in leave rates [More]
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Step 5C. Run adjust carryover hours [More]
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