Tie Time Off Accrual and Calendar to a Fiscal Year Calendar
This directly impacts the process by which workers accrue time, carry over unused time, and resets the time off balance.
The time off calendar year defines and triggers the following events:
- When a carryover cap or annual reset take place:
Carryover cap – maximum hours that can roll over from year to year.
Annual Reset – resets vacation balance each year, even those with a negative balance.
- When an annual or quarterly accrual takes place
- If an account has an annual or quarterly accrual period, Zenefits will calculate accrual based on the selected time off year.
Administrators can also customize their time off accrual process as desired.
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