This feature is a great way to grab an end-year summary export for all your employees at once and display beginning and ending balances for PTO renewal.
Some employees have unused PTO at the end of the year. Employers may choose to practice the “use it or lose it” method or allow employees to rollover their PTO hours for the next year. Having a system that provides the option to carry forward paid time off is helpful for your business.
Once an administrator is logged into OnTheClock, they will select the PTO option at the top. Follow the steps below once you are inside the PTO Renewal section.
PTO is the abbreviation for paid time off or personal time off. PTO was designed to provide employees the ability to attend personal matters and utilize towards a healthy work-life balance. Typically, paid time off is a pool of hours for employees to use towards vacation days, sick days, and personal days. To learn more about how to calculate pto, how to structure a paid time off policy, and the different types of PTO, click here.
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