Description
A new pay batch stage called Rolled-up Holiday Pay is now optionally available in the Payroll module to pay rolled-up holiday payments to payees who are eligible to be paid on a pay-as-you-go basis in lieu of taking paid annual holiday leave. When Rolled-up Holiday Pay functionality is enabled, the Rolled-up Holiday Pay stage is added into the pay batch process directly after the Manual Items pay batch stage.
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Where a payee is eligible to receive rolled-up holiday pay, the system pays an amount that is equivalent to a certain percentage of specific earnings, where the percentage and relevant subset of earnings are defined by maintenance settings (for more information, see Configuration below).
In a normal pay batch, an eligible payee will be paid rolled-up holiday pay for the current pay period and any prior pay periods during which they were eligible for rolled-up holiday payments but are yet to be paid. The payment for each period can be adjusted manually by adjusting the payment rate.
Benefits
This enhancement caters for paying rolled-up holiday payments to payees who are eligible to receive such payments in lieu of taking paid annual holidays.
Configuration
Rolled-up Holiday Pay functionality is enabled via a new field labelled Enable PAYG Leave, which is located under Maintenance > Hierarchy > Country > Middle/Back Office Country Settings > PAYG Leave, as shown in the example below.
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