VACATION RATES
DESCRIPTION
This maintenance program allows the user to enter the Vacation Rates and associated values.
- Service years: Used by the Vacation Anniversaries report to determine employee's requiring rate adjustments.
- Vac Pay Rate: Used to calculate Vacation Pay: Vacation Earnings X Rate = Vacation Pay.
- Eligible Vac Hrs: Sets the vacation hours that an employee is eligible for at the corresponding rate. Used to calculate 'Vac Days' Eligible/Taken/Left on the employee's pay screen.
- Eligible Days: Displays 'Eligible Vac Hrs' as days assuming an 8 hour day. (Hrs/8).
- Qualifying Hours: Used for the Hourly Option eligibility calculation as reported on in the Vacation Pay YTD Accrual Report.
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