The seniority feature increases an employee's entitlements after they've been working for a specific duration.
Opting for the anniversary as the effective date will result in applying the additional day on the anniversary year. This implies that during the anniversary year, the employee will transition between entitlement regimes. As a result, the annual entitlement will be proportionally adjusted to account for the period before and after the increment.
For increment mode:
Fixed increment: Define an increment and a frequency that will be applied.
- For example, add '2 days every 1 year'
- In this option, you can also set a maximum increment days. For example, increment until employee reaches 10 days of increment
Variable increment: Set how many days you want to add after a certain number of years.
- For example:
- Rule 1: add '3 days after 3 years',
- Rule 2: add '1 day after 4 years' - In this case, an employee working for more than 4 years, will have 3+1 = 4 incremental days
For a copy of Seniority Leave Calculation template, you may download the attached Excel file.