Leave can be paid off in Full Balance, or Pro-Rata. Say an employee has 20 days of leave per year and termination date is in the middle of the year. The employee has taken 5 days of leave up till the date of termination.
Full Balance payoff will pay the employee for all the remaining leave balance for the year i.e. the remaining 15 days.
Pro-Rata payoff will pay the employee for the remaining balance up until the termination date i.e. 5 days (Half of Year = 10 days of leave calculated, with 5 already taken). If the employee has taken 11 days of leave, and Pro-Rata payoff is used, then the employee will be paid nothing.
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