Find definitions that will help you understand better how days and hours work within Factorial´s time off section.
Where Can I Find the Time Off Counters?
📍 Time Off Section
• Click on the ˆ to see the days/hours information.
How Can I Define these Terms?
|Per Policy||By company policy, there are a number of days or hours that are granted to all employees. Thus, we define the concept of days/hours per policy, as the total number of days/hours one is entitled to in a specific period.|
|Accrued||Accrued days/hours are time-off granted to employees for specific periods that are based on Time-Off Policies. These days will always be reflected in the employees Time-Off Counters, and their calculation will depend on how the company has configured their time off policies.|
|Available||By Available we mean the number of days/hours an employee have at his/her disposal to use. Because there are 3 different ways to configure these available days, one will notice in the counters that these days can be all granted a the beginning of the year. Or, they can be generated on a daily or monthly basis.|
|Taken Days||Taken days/hours are time off one have enjoyed. This time off will be reflected as taken once the administrator has approved the absence requested.|
|Accumulated or Carry Over||Days/hours that employees can carry over until the next period.|
|Allowance Adjustments||These are negative or positive adjustments that an administrator can make in an employee's time off to grant or subtract days/hours for a specific period.|