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Convert Accumulated Overtime balance to Leave Compensation

Make sure you have completed following session(s)

l   What is Accumulated Overtime

l   Viewing Accumulated Overtime balance

 

 

Depends on your company policy, if you want to settle the overtime hours by not paying money, but giving Leave days (or hours) as compensation to staffs, you can simply “convert” the accumulated OT hours to leave entitlement and the Accumulated OT balance will be deducted correspondingly.

 

Please follow below steps to make the conversion:

 

1.          Click the [Commander] button from the main screen toolbar

 

 

 

2.          Click “OT to Leave Conversion” from the menu on the left hand side.

 

 

3.          Select a cut-off date that all accumulated OT hours on or before this date will be converted (e.g. 2017/01/01)

 

 

4.          Enter a remark if any. This remark will be shown in the transaction table in Employee > Attendance > Accumulated Overtime.

 

 

5.          Select a type of OT to be converted.

 

 

6.          Select a type of Leave to be converted to.

 

 

7.          Choose the conversion method “Hour to Hour”, or “Hour to Day”. If you choose “Hour to Day”, please specify how many hours is equal to 1 day, and the rounding options: round down to 0.5 or 1 day. See examples below :

 

OT minutes to be converted

Conversion mode

1 day = N hours

Round down to 0.5 / 1 day

Converted Leave

6000 minutes

Hour-to-Hour

N/A

N/A

100 hours

6000 minutes

Hour-to-Day

8

0.5 day

12.5 days

6000 minutes

Hour-to-Day

8

1 day

12 days

6000 minutes

Hour-to-Day

8.5

0.5 day

11.5 days

6000 minutes

Hour-to-Day

8.5

1 day

11 days

1000 minutes

Hour-to-Day

8

0.5 day

2 days

1000 minutes

Hour-to-Day

8

1 day

2 days

1000 minutes

Hour-to-Day

8.5

0.5 day

1.5 days

1000 minutes

Hour-to-Day

8.5

1 day

1 days

 

 

 

 

8.          Select which employee(s) you want to perform the conversion. Click the [EE Filter] button to select employee(s).

 

 

http://www.thankgodimnatural.com/wp-content/uploads/2013/01/caution.gif

 

CAUTION

Do check very carefully the selected options especially the selected employees. Please note that once the process is executed, you cannot undo the process by batch.

 

 

9.          Click the [Execute] button to start conversion.

 

 

10.      To confirm the action, enter “EXECUTE” and press the [OK] button to start running the process.

 

 

11.      Finish. Now you may check the converted leave balance and the adjusted accumulated OT balance from the system.

 

 

 

See also

Adjust Accumulated Overtime balance

Reset Accumulated Overtime balance