- 25 Jun 2024
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Creating an Accrued Policy Accrual Rule
- Updated on 25 Jun 2024
- 3 Minutes to read
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This article reviews the steps for creating an accrual rule for an 'accrued' type PTO policy using the accrual rule wizard on the Labor Admin page.
Process to create an 'accrued' policy with the accrual rule wizard
Create an Accrued Policy
Follow these steps to create a PTO accrual rule for an accrued policy:
Starting the Accrual Rule Wizard
Navigate to the Labor Admin page. | ||
Click 'Create', then select 'Accrual Rule'. | ||
Enter a rule name for the accrual rule. | ||
Select an earning type:
This is the earning type that will be added to the DSS when accrued hours are used. | ||
Click Continue to move to the next step. | ||
Enter an effective start date. | ||
Click + Add Effective End Date to add an end date to the rule. (Optional) | ||
Click Continue to move to the next step. | ||
Select the 'Accrued' type. | ||
Click Continue to move to step 1 of the policy configuration. |
Step 1 - 'How do you want to set up your accrued time off?'
Enter the number of days after an employee's start date (hire date) that must pass before the employee begins accruing hours. | ||
Enter the number of hours to be accrued and the for every X hours worked amount.
Example: | ||
If employees should also accrue on non-worked hours, enable the 'Accrue on Non-Worked Hours' toggle. | ||
If 'Accrue on Non-Worked Hours' is enabled, select the non-worked earning types that should accrue time off hours. | ||
If employees should be able make requests that result in negative balances, enable the 'Allow Negative Balances' toggle. | ||
Review configurations, then click 'Next Step'. |
Step 2 - 'Maximum Balance and Tenure Bonus'
Enter the maximum balance an employee can accrue. | ||
If the accrual rate or maximum balance for employees should increase based on their employment tenure, enable the 'Tenure Bonus' toggle. | ||
Enter the Years Worked threshold. | ||
Enter the accrual rate bonus as the number of additional hours to be accrued.
| ||
Enter the number of hours to increase the maximum balance by. (Optional) | ||
To add an additional level of tenure bonus, click '+ Add Another Tenure Bonus', then follow steps 3 - 5 for it. | ||
Review configurations, then click 'Next Step'. |
Step 3 - 'Carryover Rules'
Enter the expire date that accrued balances will either expire or be carried over on. | ||
If accrued balances should carry over, enable the 'Carryover Balance' toggle. | ||
Enter the percentage of accrued hours that can be carried over for an employee. | ||
Enter the maximum number of hours that can be carried over for an employee. | ||
If unused carryover hours should expire after a set amount of time, enter the number of days employees can use the hours before they expire. | ||
If earnings should be added to the DSS for the employee when hours expire, enable the 'Pay Unused Hours' toggle. | ||
Review configurations, then click 'Complete'. | ||
Click one of the following to navigate to the desired page: |