Leave Location Grade Setup

This section defines the leave location grade setup in SmartHCM.

Introduction:

It is used for defining rules of any leave in every location or grade. There are particular rules of leave for particular location or grade.

Leave Setting:

Different blocks of rules are available here.

Leave Balance Entitlement Settings:

here present all the balance related rules of leave.

• How much balances should be given (depend on service tenure)
• Either balances given depend on yearly term, monthly term or it could be custom.
• Either remaining balances should transfer to next year or not.

Leave Request Settings:

here present all the rules applied when someone requests the leave.

• Either remaining balances should transfer to next year or not.
• When the leave is available
• How many leaves are allowed in particular time period
• Min or max limit of leave days
• Some check boxes are also available for some particular conditions

Advance Salary Settings:

• Minimum how many days leave should requested to get advance salary
• How much advance salary should be given with leaves

Leave Encashment Settings:

here present all the encashment related rules of leave.

• Either encashment of this leave is allowed or not
• Max limit of encashment in particular time period
• Encashment Formula is available to calculate encashment amount
• Three ways to give leave encashment 1) By Leave Encashment Screen 2) With Payroll 3) With final settlement (at the time of separation)

Final Settlement Settings:

here present all the rules applied when encashment is given with final settlement.

• Auto calculate of remaining balances on final settlement
• If yearly cycle is selected in leave balance entitlement then two more check boxes are available of prohibit the encashment if employee separates before the year ends