Managing employee allowance


LeaveBoard adjusts to various company absence policies. Moreover, the HR software can handle policies across multiple geographies besides employees with different contractual time-off entitlements. Find below the steps you need to perform to manage the number of days of allowance per employee.

The title of the page could have been different. Here are some additional headings to help HR managers to find what they are looking for: Adjust time-off, Amending leaves, Edit entitlement, or Modifying allowances.


How to modify employee allowance?

  1. From the Menu, select Employees.
  2. Select the Employee where you would like to edit the allowance.
  3. From the Allowances tab, you can add additional days of PTO or Vacancy for a specific employee.
  4. By clicking on the Setup icon.
  5. In the popup that you will have, there are two tabs: "2022 allowance" and "Employee allowance". The difference between these two options is the following:
    • The ‘Employee allowance’ tab means the general yearly accrual allowance (the amount that the employee will receive at the beginning of each fiscal year). This is usually personalized when the employee is onboarded in the system. If an employee gets every year an additional day for seniority or because of contractual agreements, compared to the general policy standard, here is the place to modify it.
    • The ‘2022 Allowance’ tab – is the amount available as of today. Depending on when the employee is added to the platform, this number is practically calculated as follows: Yearly employee allowance - time-off days took - adjustments + carryovers from the previous year.
  6. Once you have finished the employee allowance personalization, click Update.

Now, if an employee worked during the weekends or extra hours, you know how to adjust the yearly entitlement days. The changes will be automatically reflected in the reports and balances, making the tracking of time-off for any employee super easy.


FAQ
How to adjust the default employee allowance for all employees?

With the LeaveBoard system, you can adjust the general Leave/Vacation allowances for all the employees from the Company > Leave types > Vacation > Settings > Click the settings icon > and change the option Allowance days per year to the amount that the employee gets yearly. In this way, for all the next employees added to the system, they will have this default yearly accrual. We recommend making this setting when you setup your account.


How to adjust the allowance automatically based on the employment date?

If you want that the number of days for the Vacation allowance to be adjusted based automatically when you invite a new employee to the database, go to 

Company > Leave types > Vacation > Settings > Click on the settings icon > and activate the option “Adjust allowance on employment

Example: Suppose you offer 10 days of Vacation allowance annually for your employees. In that case, when you invite a new employee hired in the middle of the year, his allowance for this year will be automatically adjusted to 5 days. Moreover, when the annual Vacation allowance resets in the next fiscal year, the employee will get 10 days.

For more details about the settings, rules, and automation, check the leave policies support page.


Does LeaveBoard accrues time off On employee work anniversary?

No. LeaveBoard accrues time-off based on the fiscal year. By default, the fiscal year starts on January 1st; however, you can change this if needed. The business year start date will be when all the employee allowances will reset to the contractual amount. These amounts will be easy to follow within the Reports > Annual situation.


How to modify the allowances for multiple employees easily?

From Company > Leave Types > Vacation (or other leave types) > Allowances, you will be able to customize with ease the allowances for all your employees without having to go one by one through the employee directory > employee profiles.


How to check if the configured annual allowances are correct at the company level?

From Reports > Annual situation, you will have a general perspective with all the leave of absence allowances as they are available within each of the employee's HR dashboards at the Balance section.


Related questions

How to carry forward the remaining leave allowance?