Example 2
Suppose that the employee is a salaried employee who accrues .05 hours of vacation for each hour worked. This employee has a timecard (for 80 hours worked) that is keyed to the pay period end date of September 30, 2003. Also assume that the Anniversary Proration Rule on the vacation accrual is blank. Since the employee is salaried, you need to determine a percentage or ratio with which to allocate.
First, you need to determine the number of days within the period that occur prior or equal to the employee's anniversary date (beginning with the pay period begin date (September 16, 2003) and ending with the employee's anniversary date (September 25, 2003)). Divide that result (10) by the total number of days in the pay period (15) to obtain the allocation percentage or ratio (2/3). Multiply the total number of hours accrued (80 × .05 = 4 hours) by the percentage or ratio (2/3) and then write the result (2.66667 hours) to the employee's current anniversary date of September 25, 2003. The remaining 1.33333 hours would be written to the next year's anniversary date of September 25, 2004.