Time America Benefit Accruals Software Module

$650.00
SKU:
SM-TA-BA
Availability:
Usually ships in 24 hours
Time America Benefit Accruals Software Module

Time America Benefit Accruals Software Module

 

Overview

Time America’s Benefit Administration allows you to track and manage all types of leave, all in one place, automatically. It streamlines the entire leave management process, from accrual calculations, leave request processing, to granting, and provides visibility into trends and patterns that can point to and help reduce the abuse of leave benefits.  Benefit Administration helps you maintain compliance with FMLA and other federal, state, and union mandates. It provides automated supervision and tracking of paid and unpaid leave policies. You can identify absence trends, manage them proactively, and make better decisions regarding employee planning, coverage, and reviews.

 

The Benefits & Accruals Module automatically calculates the balances of each employee's available benefit time, such as vacation, personal and sick time.  This ensures that leave time is administered fairly, consistently, and automatically across all classes of employees throughout the organization.

 

Configurable rules engine automatically updates employees accrual balances, monitors an employee’s use of leave balances, maintains an Audit Log of posted accruals/debits and helps ensure compliance with FMLA regulations.

 

The Benefits & Accruals Module accommodates a wide variety of methods for accruing leave time, as well as the many complex rules found in organizations today.  The software keeps leave balances current, and automatically changes employees’ rate of accrual on a specified day based on seniority and entitlement.  Likewise the system will also restrict the number of leave hours that may be carried over from one year to the next.

 

Benefit Administration is completely integrated with Time & Labor calculations of employee leave balances and enforcement of leave policies occurs automatically without rekeying of data.  Benefit Administration is also integrated with Workforce Scheduling providing managers the convenience of pre scheduling leave.

 

Benefit Administration is a powerful tool for preventing unauthorized leave time. Also, Workforce Accruals is flexible enough to facilitate complex leave and benefits policies and transform them into easy to understand and enforce daily practices.

 

Features

  • Automatically calculate the balances of each employee's available benefit time, such as vacation, personal and sick time.

  • Automatically update employees accrual balances

  • Monitor an employee’s use of leave balances.

  • Maintain an Audit Log of posted accruals and debits.

  • Helps ensure compliance with FMLA regulations.

  • Accommodate a wide variety of methods for accruing leave time, as well as the many complex rules found in organizations today.

  • Keeps leave balances current, and automatically change employees’ rate of accrual on a specified day based on seniority and entitlement.

  • Restrict the number of leave hours that may be carried over from one year to the next.

  • Schedule future leave requests and have the system track them in a pending category.

  • Pending leave can be compare with taken and available leave balances when evaluating employee’s leave eligibility.

 

Please provide your software serial number to retrieve the update code.

Warranty Information
1 Year Warranty from Manufacture on the first year from purchase date. Optional extended warranty may be purchased.