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I was wondering if anybody had ever successfully implemented Pro Ration for a Front Loaded, Annivers

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edited Apr 8, 2021 5:25PM in Workforce Management 9 comments

Summary

Pro ration is not working as expected when the calculation spans over 2 calendar years

Content

Hi,

 

I was wondering if anybody had ever successfully implemented Pro Ration for a Front Loaded, Anniversary Accrual Plan? If so how was this achieved?

 

Our existing Holiday plans have been configured with the following:

 

Plan Term: Anniversary Year

Anniversary Event: Hire Date

Accrual Method: Front-Loaded

Repeating Time Period: Yearly Accrual Processing Period (1st Jan – 31st Dec)

 

Originally we did not have pro ration configured, instead we would manually update the balance in the event that an employee left, changed their hours etc....

 

We have now configured a ‘Partial Accrual Period Formula’ and attached it to one of the plans as a correction; this is working for the majority of the employees but not for all, For Example.....

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