Journyx Accrual Calculator
Accruals - vacation, PTO, sick time, jury duty, and the like - are critical but difficult to manage aspects of employee time. The Journyx Accrual Calculator™ simplifies the process of dealing with these issues by providing a simple interface for the creation of specific accrual processes that can then be applied as needed to your existing users.
Assigning Accruals - Easier Than Ever
The Accrual Calculator allows you to create distinct Accrual Tiers for any number of accrual types for discrete employee categories (e.g., Full Time, Part Time), which detail the precise number of accrual hours that are granted to employees when the Accrual Calculator is run.
The Accrual Calculator can be run manually as desired or scheduled to run as a background task at specific intervals (e.g., Daily, Weekly, Monthly, Semi-Monthly) or on a custom schedule. The frequency at which you run the Accrual Calculator determines the rate at which the hours you establish for each accrual type are granted to your employees.
Exceptional Employees - Working With Unique Cases
Not all employees follow the standard accrual schedules of their employers; some become eligible for accruals faster while others are allowed to carry over more hours of a specific type of accrual than others. The Accrual Calculator allows you to configure Accrual Overrides for specific individuals on a case-by-case basis.
Suspending Accruals - Sometimes You Need A Break
The Accrual Calculator includes the ability to suspend accrual accumulation for specific individuals as needed, such as employees who have taken a leave of absence or are on sabbatical. Suspending accrual accumulation - and reinstating them - is as easy as checking a box.
Pricing And Availability
The Journyx Accrual Calculator is available for Timesheet 7.7 and later. To schedule a demonstration of the Accrual Calculator or for pricing and purchasing information please contact your Journyx Sales representative today.
