Accessible to Admin, Account Admin, and HR Partner roles
Your Time Off policy might have different leave types like sick leaves, earned leaves, etc. While some of these Time off types might have a fixed balance, some of these might require a tenure-based addition in balance.
To know how to create a time-off policy in Freshteam with a fixed balance, click here.
Here are the steps to set up tenure-based addition to Time Off Balance to a leave type in a Time Off Policy.
1. Go to Settings > Time Off > Time Off Setup > Policy
2. Click on the Policy that you want to edit (or create a new Policy) to reach the Policy Details page. Scroll down to the Time-off Rules section.
3. Click on the Time Off type for which you want to set up tenure-based addition.
4. Go to the Accrual Rulestab and choose Tenure Based Addition in Accrual type. An intuitive interface lets you set up Accrual rules.
Here is a simple video to show you how to set Accrual rules.
As you can see in the above video, you can add days to the existing balance as the years of employment completion happens.
Once you have set the rules, view the Final Tenure Summary to check once and make any changes you want to the rules.
After you are done, save the policy, and you are done.