Leave Location Grade Setup
This section defines the leave location grade setup in SmartHCM.
Contents
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
