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 PayMaster > Services > Benefits > Time Off Accrual
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Time off accrual is a vital benefit that you can provide to your employees and PayMaster
can make it easy for you to administer. Regardless of how your accrual is performed, we
can design a solution for you.
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Accrual policies vary depending on the environment. Some are very simple and straight
forward, while others are complicated and challenging. With that in mind, we've set
out to address all of these situations. Our payroll software,
Evolution, can accrue
time by:
- Anniversary Date
- Override Anniversary Date
- Each Pay Period
- Monthly
- Quarterly
- Semi-Annually
- Annually
- Based on the number of hours your employees work
We can also design accruals that combine these frequencies. So, if your accrual is
initially done on a semi-annual basis, but after the first year of employment it
needs to be changed to an annual accrual, we can support that.
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With PayMaster, all accrual and usage history is easy to track in a variety ways. If you're
using our payroll software,
Evolution, tracking time
off history can be as simple as choosing an employee and clicking a button. There's also
several reports including our
Time Off Register that
offer tremendous insight; whether you're using our software or not.
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Your current time off accrual and usage information can be retrieved in the same
manner as your history. In addition to that, we can also include it with your
paystubs, our
Employee Self Service and on our
WebClock Enterprise time
& attendance system. By integrating our time off accrual service with
Employee Self Service or
WebClock Enterprise, you can
also implement either system's time off request system; allowing employees to not
only view how much time they have available, but also request time off in the future that's
subject to a manager's approval.
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