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Our leave module is all encompassing and extremely easy to use. Whether your company
offers stock standard statutory leave accruals or if your requirements are more
advanced such as multiple annual leave types with complex non-accumulative forfeiture
rules, PaySpace can manage your leave processes while integrating to Payroll seamlessly.
PaySpace delivers pre-configured statutory leave on top of which users can also
configure as many additional leave types as necessary in accordance with simple
or complicated leave policies. Leave can be given upfront or accrued in units such
as days or hours. More advanced accrual definitions can be based on length of service
or salary grade.
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Forfeiture rules are flexible and can be configured to drop off completely or shift
leave to different leave buckets based on anniversary date or a fixed date for all
employees.
Advanced settings allow users to restrict negative leave, only accrue leave for
new employees if they joined before a certain day of the month, ability to toggle
mandatory attachments and much more.
Employees can view current and projected leave balances when applying for leave,
cancel leave, attach any supporting documentation to leave requests as well as channel
a leave request through an approval path according to simple reporting lines. More
advanced workflow configuration is also available where administrators can define
unlimited workflow approval paths.
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Automated accurate payroll leave provision calculations are fed directly via the
leave administration module where any fluctuation in employee leave balances translate
into accurate provision costing for budget purposes. Upon termination, automated
leave encashment options can be utilised where the user can firstly, view the amount
of leave pay, perform the necessary payout, and reduce the leave balance accordingly
– all in a single action.
Vast flexibility is also available with regards to defining leave pay income. Although
the BCEA averaging leave pay income requirement is a standard delivered
feature within the product, PaySpace allows the user more flexibility around averaging
options.
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