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Front Loaded Absence Proration - Per Pay Period
Summary:
We have a requirement to prorate employees front loaded accrual based on the pay period that they were hired in. We have 26 pay periods. We are currently leveraging a Global Absence Proration formula that does a proration factor based on 12 months, however we need it to be for 26 pay periods.
Below is the formula we are currently using.
Content (required):
See above.
Version (include the version you are using, if applicable):
22D
Code Snippet (Formula):
/******************************************************************************
FORMULA NAME: SLO_ABS_SET_PRORATION_RULE
FORMULA TYPE: Global Absence Proration
DESCRIPTION: The formula needs to find what the employees rate would normally be for the whole year,