Allow employees to buy and sell leave
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|Enabled for||Public preview||General availability|
|End users by admins, makers, or analysts||Jun 1, 2020||Aug 12, 2020|
In some organizations, they allow employees to buy or sell their leave. This benefit is provided to enable employees to get the most out of their leave benefit. Managing this process is often done manually, which can be time-consuming and error-prone. By providing a more automated way to manage the policies and requests for the human resource department, mistakes can be minimized while also streamlining the leave management process.
This feature provides employees with the ability to buy leave via payroll deduction or cash out (sell) leave to be included in their pay. This allows employees to have more control over how they want to use their leave benefits.
Buying and selling leave includes the following:
- Provide dates when employees can buy and sell leave.
- Configurable limits and rates for buying and selling leave.
- Approve buy and sell requests.
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