Time Accrual Policy
Define Time Accrual Policies
Define properties of a leave accrual policy. The accrued time is calculated based on the length of service of the employee. An additional premium may be added on the base rate based on additional months of service. This policy is ideal for annual leave accruals. If the type of accrual is 'Standard' time is accrued and withdrawn manually. However, if the type is 'Calendar' the time is accrued (and recorded) at a fixed frequency.
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