Vacation Accumulation Rate
- 18 Dec 2023
- 1 Minute to read
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Vacation Accumulation Rate
- Updated on 18 Dec 2023
- 1 Minute to read
- Print
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Use the accumulation rate formula to determine how much vacation, sick time, or similar benefit hours to accrue per pay period or per 40 hours worked.
Getting There
The Accumulation Rate is entered on the Batch Post Accrued Benefits when you choose a Calculation Method of either “For every 40 hours worked” or “For every pay period”.
Accumulation Formula
For every 40 hours worked –
Example assumes 2 weeks of vacation per year.
For every pay period –
Example assumes 2 weeks of vacation and 26 pay periods per year.
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