HRM - additional - Time-for-time TVT (time back) policy

  • Modified on: Tue, 23 Aug, 2022 at 10:39 AM

Go to [Employer] / [HRM] / [Time-Off policies]

Choose [+ Add] Time-Off Policies

Choose “Vacation time”

Fill the screen as follows: (The name and description at your own discretion)

With 'Accrual method' you have to choose 'All time given at once'.

At 'Total time per year' enter 0, as nothing is accrued. The accrual must be manually entered into the employee's tab by the manager or HR manager using the pen. These hours can then be recorded by the employee.

With 'Does the Timeback hours carry over' to the next Timeback year, YES must be chosen, unless that is not the case.

And 'Limit requests to balance' must be set to YES. This means that the employee can not request more timeback hours than actually saved/worked.

With 'integration with payroll processing' no link with the payroll has to be set. Otherwise, the TVT hours are included in the regular Holiday Regulation, which is not desirable.

The Manager or HR Manager can add extra and / or overtime hours to the TVT scheme by adjusting the balance with the 'pen' in the relevant Employee in Leave schemes.

The employee can apply for the specified hours as usual, due the dashboard.

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