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Tell MeNo. The processing of leave information did not change from the paper time sheet process. |
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1. The As of Pay Period field represents the end date and pay period for the leave balances reported in the ‘As of Balance’ column in the leave section of the time sheet. Example: In the screenshot below, 1/18/20 is the end date for pay period 2020-15; thus, the leave balances displayed in the As of Balance column (refer to #3) are as of pay period 2020-15 (ending 1/8/20). 2. Earn rates are displayed for vacation and sick leave. These are the accrual rates that the employee earned for the pay period. In the screenshot below, the vacation earn rate is 7.69 hours and the sick earn rate is 4.62 hours. The earn rates (accruals) are earned per pay period and are pro-rated if an employee is in an unpaid status for any portion of a pay period or is reduced if an employee is repaying borrowed leave. 3. ‘As of Balance’ is the calculated leave as of the specified date and pay period identified in the leave section (refer to #1). As of balances on the time sheets are 2 pay periods in the arrears assuming prior time sheets are submitted and approved by the established deadline. Late time sheets delay the processing of accurate leave balances. Balances are inclusive of: 4. ‘Anticipated Current Balance’ is the projected balance for the current time sheet period. This balance is based on any saved time sheet(s) that have not been processed through the leave management system. As an employee updates a time sheet with leave usage and saves the time sheet, the anticipated current balance field will recalculate accordingly. If an employee has multiple time sheets to report leave usage, the field will change as each time sheet is updated and saved. 5. ‘Year-End Vacation Forecast’ is the projected vacation balance at year-end with the assumption that there is no leave usage going forward. The forecast is useful for employees to evaluate “use or lose” and/or possible leave payout. The forecast figure is using the “Anticipated Current Balance” (refer to #4 above) and projecting the balance through the last pay period of the current year (the last pay period that starts in December). Note: Employees who change to a non-vacation leave eligible (ie. 12-month faculty to 9-month faculty) should disregard the forecast figure. |