Leave Rate Calculator

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payROL -> System -> Tools -> Leave Rate Calculator

Leave.png

In the example shown above, the percentage is 7.692308% of Gross Hours. This means that for every hour the employee works, they will accrue .076923 hours of Holiday Entitlement. Assuming an employee works 38 hours per week, in other words 1976 hours per year then this calculates as .07692308 x 1976=152 hours, or 4 weeks.

So, if your employee is entitled to 20 days Annual Leave per year, the percentage to use is 7.692308% and should be entered in this format.


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