Leave Payout Calculations

• The Amount and Number of Days are calculated automatically but can be changed if necessary.
  • The Amount is calculated based on the number of hours of leave, multiplied by the hourly rate from the employee’s primary job.
  • The Hourly Rate for Hourly Employees and Salary Employees is calculated differently.
    • Hourly Employees’ Hourly Rate is calculated using the Payline Gross from pay table.
    • Salary Employees’ Hourly Rate is calculated using the Payline Gross divided by Days Per Month (from Job Setup) divided by Hours Per Day (from Job Setup), unless Use Calendar is checked in Job Setup. NOTE: If Use Calendar is checked on Job Setup, 21.67 will be used instead of Days Per Month for the Hourly Rate calculation.
    • Calculate the Total Hours Per Day by dividing Primary Job Percentage by 100, and then multiplying by Hours Per Day. NOTE: Ultimately, the Annual Leave Balance is calculated by multiplying the Hourly Rate by the Leave Balance.
• The Number of Days is calculated by dividing the number of hours of leave by the Hours Per Day (from Job Setup).