What is the Fixed Yearly - Normal leave model?

What is the Fixed Yearly - Normal leave model?



Fixed Yearly - Normal Leave Model calculates the "Leave Period" wherein it considers the " Calendar year January to December"


For example:


Mr. Tan Joins on 1 June 2010. Under this leave model, the system considers the leave period from 1 June 2010 to 31 December 2010. And for the following year, the leave period starts from January 2011 to December 2011. Under this leave model, all the leaves are available to an employee at any given time of the year.
Note: An employee has joined the company on 01 January and he/she has 14 Days Annual Leave entitlement for that year. So if the employee is applying for leave in January or any other month he/she would have 14 days leave available to consume at any given time of the year.




Product Version: SMEPayrollTM Version 11






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