Replacement credit is credited to an employee's leave (usually annual leave) to compensate for their work on a non-working day (public holidays and weekends).
How can replacement credit be credited into employees' account?
Replacement credit can be credited into the employees' account via 2 methods:
- Employee applies for replacement credit
- Admin allocates replacement credit
How to set expiry dates for replacement credits?
Admin can set expiry dates for the replacement credits. E.g. 2 weeks, 1 month, 2 months etc.
If the expiry date passed the cycle, the replacement credit will still apply in the next cycle.
In the case where the admin sets the policy to expire when the current cycle ends, the replacement credit will expire in the same cycle.