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How to prorate front loaded absence plan accruals based on LOS change
Summary:
Hi All,
We have a requirement to prorate front loaded absence plan accruals based on LOS change.
For example, if employee hired on December 9 2019, On reaching 6 years of service, accrual rate should change from 112.5 to 150 hours.
We do have a accrual matrix formula to include LOS range and accrual rates. But what happening is on reaching 6th year, accrual should change(150) on December 2024, but accrual rate is changed from January 2024. Which is giving extra hours for 11 months. Expected behavior is accrual rate should change on December 2024 and by calculating 9.375 for 11 months and 12.5 hours for 1 month (december month ) a prorated accrual should be loaded as front loaded.
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