This is where you can define exactly how an employee with this policy will accrue their time off.
To add a new time off type:
- Navigate to the Human Resources module and click Settings
- Click the Time Off Settings tab
- Click on the Time Off Type button
- Enter in a name for this time off type and click Add Time Off Type
You can also create different levels of accoutrements that the employee can reach based on time employed. For example, an employee can start earning 5 hours of PTO every 7 days, once they pass 90 days of employment. You can also create another level that lets other employees earn 7.5 hours of PTO every 7 days, once they reach 2 years of employment, etc.
To add a time off policy:
- Under any of your time off types, click on the Policy button
- Fill out the following:
- Policy Name: give the policy a unique name
- Time Off Type: choose the drop-down to relocate this policy under a different time off type
- Carryover Date: the date which marks the end of a year. This will determine when carryover PTO hours are transferred
- Accruals Happen: choose to either accrue time off during each time period, or after a set amount of time
- Accrual Amounts Based On Hours Worked (Timesheets): bases PTO accrual on how many hours have been converted within CentralReach
- Pro-rate Accruals: takes the number of days worked and divides by the number of business days in the pay period, to determine the employee’s PTO accrual
- Accrual Settings: defines how an employee with this policy will accrue their time off
- Click either the Add another level link to add a new accrual type, or Save Policy if you are finished