How does your organization handle final-cycle absence balance payouts?
in Planning
Summary:
We run our PTO plan in standard two week pay cycles, with a period accrual posting on the last day of each cycle. If someone terms mid-cycle, the balance as of the last day of the prior cycle will generate a final disbursement, and then we have a separate process we run to capture the accruals for the final pay cycle and it creates a separate payout entry for specifically that. We're investigating if we can have that first process somehow capture everything, either by extending the plan end date by 14 days or some other means.
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