The Accrual tab on the Leave Policy form is used to define how often a balance accrues and which ruleset the ACCRUAL service will use. It also determines whether recently hired or terminated employees can receive the accrual, as well as the maximum amount the balance can accrue. For example, a balance may accrue every two weeks or each month.
Note: The Accrual tab settings do not determine when the accrual will occur; this configuration is determined by the schedule of the ACCRUAL service.
See Also:
Adding an Accrual Record to a Leave Policy
Modifying the Accrual Record in a Leave Policy
Accrual Frequency, Unit
The Accrual Frequency and Unit establish the length of time from the Anchor Date that the accrual will occur. For example, if you want the balance to accrue every month, enter “1” in the Accrual Frequency field and select “Month” as the Unit.
You can select Years, Months, Pay Periods, Weeks, or Days as your Unit.
Anchor Date
The Anchor Date is the date from which each accrual period (Period Unit) is calculated. For example, if the balance is to accrue once a month starting on January 1, select January 1 as your Anchor Date.
Inactive Person
If you want an employee’s balance to continue accruing when the employee is Inactive, check this box.
Hired By Offset
Hired By Offset is the number of days from the start of the accrual period by which the employee must be hired in order to receive the accrual for that period.
For example, if the balance accrues once a month, you may not want someone hired on the last day of the month to receive the accrual for that period. If you set Hired By Offset to “5,” then the person must be hired on or before day 5 of the accrual period in order to receive the accrual for that period.
A person must also be active to accrue for that period (unless the Inactive Person box is checked).
If Hired By Day is left blank, the employee’s balance will accrue regardless of when they were hired during the accrual period.
Terminated Offset
Terminated Offset is the number of days from the start of the accrual period when the employee can be terminated and still receive the accrual for that period.
For example, if the balance accrues once a month, you may not want someone terminated on the first day of the month to receive the accrual for that period. If you set Terminated Offset to “20,” then the person must have been terminated on or after day 20 of the accrual period in order to receive the accrual for that period.
A person must also be active to accrue for that period (unless the Inactive Person box is checked).
If Terminated Offset is left blank, the employee’s balance will accrue regardless of when they were terminated during the accrual period.
Auto. Accrual
If you want the ACCRUAL service to calculate these balances for this accrual period, check the Auto. Accrual box. You will also need to select an Accrual Ruleset
Accrual Ruleset
This field appears when you check Auto. Accrual. Select the ruleset that the ACCRUAL service should use for this accrual period.
Maximum Accrual
Maximum number of units the balance can accrue in this period.
When you add a new Leave Policy, click the Accrual tab to add your accrual record. Make sure you configure the other tabs in the Add Leave Policy form (Leave Type Code, Effectivity, Other Properties, Events) before you click Save.
See Add a Leave Policy and Accrual Field Descriptions for more information.
When you modify a Leave Policy, click the Accrual tab to change the accrual record. Make sure you make any needed changes to the other tabs in the Modify Leave Policy form (Leave Type Code, Effectivity, Other Properties, Events) before you click Save.
See Modify a Leave Policy and Accrual Field Descriptions for more information.