Difference between revisions of "Leave Credit Rules"
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| − | A | + | == '''Leave Credit Rules''' == |
| + | Leave Credit Rules are those rules which defines when and how the leaves will be credited to the employees account. Leave credit rules are different for different Leave types which the organization provides to their employees. | ||
| + | |||
| + | == '''Role''' == | ||
| + | Leave Admin | ||
| + | |||
| + | == '''Path''' == | ||
| + | Leave Configuration » Leave Policy Configuration | ||
| + | |||
| + | == '''Inputs Needed''' == | ||
| + | * Leave types configuration. | ||
| + | * Post Type configuration. | ||
| + | * Leave Applicability should be defined. | ||
| + | * Leave Cycle configuration. For Eg: 1st January 2020 to 31st Dec 2020 | ||
| + | |||
| + | == '''Terminology Used''' == | ||
| + | # '''Pro-rata''' - Pro-rata indicates that leaves will be credited in a proportionate manner as per organization's leave policy. | ||
| + | # '''Pro-rata as per working days''' - Pro-rata as per working days indicates that leaves will be credited in a proportionate manner after employee completes a defined number of working days in the organization. | ||
| + | # '''Leave Cycle''' - A "'''leave cycle'''" means a period of 12 months commencing from the 1st day of employment or commencing from the end of the previous '''leave cycle'''. | ||
| + | |||
| + | == '''Functionality''' == | ||
| + | * Leave credited at the beginning of the cycle. For Eg: Casual Leaves will be credited on 1st Day of the leave cycle. | ||
| + | * On contrary Earned leaves are to be credited at the end of the cycle. Thus Earned leaves will be credited on the last day of the leave cycle. | ||
| + | * Next Leave Cycle indicates that a particular leave type will not be credited in the current leave cycle, but in the next leave cycle. For Eg: Earned Leave will be credited on the 1st day of the immediate next leave cycle. | ||
| + | * Leaves credited on Pro-rata indicates that leaves will be credited in a proportionate manner as per organization's leave policy.For Eg: 1 ClL will be credited on 1st of every month. | ||
| + | * Leaves Credited on Pro-rata as per working days indicates that leaves will be credited in a proportionate manner after employee completes a defined number of working days in the organization. For Eg: 1 CL can be credited after 30 working days of the employee. | ||
| + | * Lapse balance during Pro-rata indicates that the leave balance will lapse at the time of new credit by pro-rata. For Eg: CL credited in the month of April will be lapsed if not availed before 1st May. | ||
| + | * Weather the leaves are to be credited in probation period can be defined as well. For Eg: Medical / Sick Leave can be credited during probation period while Earned leaves cannot be credited during probation period. | ||
| + | |||
| + | == '''Step by Step''' == | ||
| + | # Leave Credit Rules | ||
| + | [[File:Leave Credit Rules.jpg|center|frame]]2. Pro-rata | ||
| + | [[File:Prorata.jpg|center|frame]] | ||
| + | |||
| + | 3. Pro-rata as per working days | ||
| + | [[File:Prorata as per working.jpg|center|frame]] | ||
Latest revision as of 18:00, 27 April 2020
Contents
Leave Credit Rules
Leave Credit Rules are those rules which defines when and how the leaves will be credited to the employees account. Leave credit rules are different for different Leave types which the organization provides to their employees.
Role
Leave Admin
Path
Leave Configuration » Leave Policy Configuration
Inputs Needed
- Leave types configuration.
- Post Type configuration.
- Leave Applicability should be defined.
- Leave Cycle configuration. For Eg: 1st January 2020 to 31st Dec 2020
Terminology Used
- Pro-rata - Pro-rata indicates that leaves will be credited in a proportionate manner as per organization's leave policy.
- Pro-rata as per working days - Pro-rata as per working days indicates that leaves will be credited in a proportionate manner after employee completes a defined number of working days in the organization.
- Leave Cycle - A "leave cycle" means a period of 12 months commencing from the 1st day of employment or commencing from the end of the previous leave cycle.
Functionality
- Leave credited at the beginning of the cycle. For Eg: Casual Leaves will be credited on 1st Day of the leave cycle.
- On contrary Earned leaves are to be credited at the end of the cycle. Thus Earned leaves will be credited on the last day of the leave cycle.
- Next Leave Cycle indicates that a particular leave type will not be credited in the current leave cycle, but in the next leave cycle. For Eg: Earned Leave will be credited on the 1st day of the immediate next leave cycle.
- Leaves credited on Pro-rata indicates that leaves will be credited in a proportionate manner as per organization's leave policy.For Eg: 1 ClL will be credited on 1st of every month.
- Leaves Credited on Pro-rata as per working days indicates that leaves will be credited in a proportionate manner after employee completes a defined number of working days in the organization. For Eg: 1 CL can be credited after 30 working days of the employee.
- Lapse balance during Pro-rata indicates that the leave balance will lapse at the time of new credit by pro-rata. For Eg: CL credited in the month of April will be lapsed if not availed before 1st May.
- Weather the leaves are to be credited in probation period can be defined as well. For Eg: Medical / Sick Leave can be credited during probation period while Earned leaves cannot be credited during probation period.
Step by Step
- Leave Credit Rules
3. Pro-rata as per working days
