Annual Leave Rates
HR users can define the annual leave rates for employees by creating rate rules based on the employee's years of service.
Access the Annual Leave Rates under the HR menu.
Adding New Leave Rate Rules
To add a new rule, click on the plus + icon at the top, then fill in the service period's "From" and "To" values along with the units and the monthly leave rate.
Understanding Leave Rate Rules
The rules in the screenshot above can be interpreted as follows:
- Employees with a service period between 1 Month and 1 Year will have 1 day of annual leave per month.
- Employees with 1 year to 3 years of service will have 2 days of annual leave per month.
- Employees with 3 years to 6 years of service will have 3 days of annual leave per month.
Managing Leave Rate Rules
From the list, HR users can:
- Edit the rules.
- Delete the rules.
Usage of Leave Rate Rules
The system will use the defined leave rate rules to calculate employees' annual leave rates and their leave encashments.