Compensation
- Discover Compensation
- Migration from Overtime balance to Compensation: everything you need to know
- What are overtime policies and how do I create them?
- What is the difference between a time off, pay, and hybrid policy?
- How does the version history of a policy work?
- How do I assign employees to an overtime policy?
- What is the default overtime policy and how does it work?
- How do I manage the policies I've created?
- What are multiplier rules and how do I create them?
- How do I assign employees to a multiplier rule?
- What are categorization rules and how do I create them?
- What happens if I edit the paid clock in/out type associated with a categorization rule?
- How do I assign employees to a categorization rule?
- How do I manage the rules I've created?
- What is the "Prioritize" function and how does it work?
- What is the difference between multiplier rules and categorization rules?
- What are time margins and how do I create them?
- How do I assign employees to a time margin?
- How do I manage the time margins I've created?
- How do I compensate an employee's overtime balance?
- Does accumulated overtime (positive/negative) expire?
- Can I set a maximum limit on positive or negative overtime?
- Where can I view the movement history of an employee's balance?
- What are compensatory absence types?
- Can I customize the columns I see on the main Compensation screen?
- Where can I see the balance generated by each type of rule?
- How does overtime validation work?
- Who can validate or reject overtime requests?
- How do overtime policies, multiplier rules, categorization rules, time margins, and compensatory absence types relate to each other?
- If an employee has both multiplier and categorization rules, how are they combined in the calculation?
- Do time margins affect the calculation of multiplier and categorization rules, or are they independent?
- What is the difference between "validating" overtime and "adjusting" a balance? Can any manager do it?
Does accumulated overtime (positive/negative) expire?
The accumulated balance expires only if you enable this option in step 4 ("Periods and expiry") of the policy creation process.
Expiry configuration options:
- You can apply a single expiry rule for the entire balance or define independent rules by compensation type (time off and pay). If you manage positive and negative balances separately, you can also assign different rules to each one.
- For each block, you can set the balance to expire after a set number of days from when it is generated, on specific dates of the year, or indicate that it never expires.
Advanced options after expiry:
Instead of the time being lost when it expires, you can configure two alternatives:
- Allow the balance to remain compensatable even though it has expired.
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Automatically transfer the expired time-off balance to pay.
Configure automatic notifications (step 6 of policy creation) so that the system sends you an alert before the balance expires, with enough time to compensate it if still possible.