What is the calculation for Leave/Vacation Payment? RP-20277

Leave Management  

Vacation payment is calculated like below:

  • Package is based on the payment numerators selected in employee leave settings for Annual Leave
  • Calculation is based on fixed days, that is one day leave payment is calculated based on 30 days
  • One day vacation payment amount is calculated as: (Total leave payment numerators Amount / 30)
  • Vacation Payment will be: (Paid Leave Days * One day vacation payment Amount)
  • The Housing Allowance will not be calculated in Leave Payment of Leave Request for the 'Eligible for HRA Advance' eligible mapped employees in PA
 
 
 

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