PTO Policy
The eFAACT PTO Policy feature organizes and tracks PTO policies setup for your organization. A policy is defined for a group of individuals and consists of a title and one or more “years of service” tiers. Employees are assigned to a policy and advance through each tier of that policy as their years of service increase.
For example, the following is a basic PTO Policy setup that supports two PTO policies, one for standard employees and one for executives.
Add a first policy titled “Standard PTO”
Add one or more criteria/tiers for the “Standard PTO” policy. For example 0 – 2 years of service, every paycheck 4.62 hours ; 2 – 5 years of service, every paycheck 5 hours...
Add a second policy titled “Executive PTO”
Add one or more criteria/tiers for the “Executive PTO” policy. For example 0 – 5 years of service, every paycheck 6 hours ; 5 - 10 years of service, every paycheck 8 hours…
After your policies are setup with their “years of service” tiers, the next step is to assign employees to a policy. Use the multi update feature to quickly assign many employees to a policy.
eFAACT automatically progresses the employee through their policy tiers when their years of service reaches a new milestone. Milestones are based on either their hire date or their QB adjusted service date. When an employee moves to a new tier within the policy, their accrual values are updated to match that tier.
Each PTO policy outlines the policy’s standard tier structure. The eFAACT Central-manage accrued leave feature is available to override accrual values for a specific employee and period.
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