How Do Accruals Work While On Leave?
PTO accruals seem simple on the surface: it just means that employees steadily earn paid time off (often vacation, but sometimes other forms of PTO, such as sick leave, as…
What is the Average PTO Accrual Rate?
Are you trying to build your company’s PTO policy, and not sure how much PTO you should provide? You’re probably not alone. There’s little to no guidance (particularly if you’re…
PTO Accrual Caps: All You Need to Know
In this article we’re going to explain all there is to know about PTO accrual caps, including how they work, why companies use accrual caps, and different ways you can…
How to Track PTO Accruals (Manual vs Automated)
Most companies have an accrual-based PTO system, where employees earn paid time off relative to the amount of time they work. It makes sense to do this – it means…
Lump-Sum vs Accrued Vacation
There are typically two approaches to setting up your PTO policy and deciding how many vacation days employees get: lump-sum or accrued vacation. While this is not a decision that…
How to Calculate PTO Accrual
In this article, we’re going to give you a complete guide to calculating PTO and updating PTO balances for your team members based on accruals. PTO can work in many…
A Complete Guide to PTO Accruals
In this guide to PTO accruals, we’re going to explain all you need to know about accrued PTO – from what “accruals” are, to how accrued PTO works, and how…