Summary:
The employees in our organization can either carry forward the balance from the previous time off policy or get paid out for a portion of the balance from the previous time off policy and carry forward the remaining balance. I would like to setup a sick time pay-out policy in Web TimeSheet to track the amount paid to employees for unavailed sick time off.

Resolution:
To track the amount paid to employees for unavailed sick time off, follow the steps given below:

  • Setup a time off policy by name Sick time pay-out.
  • Run the Time off Balance report for sick time off type as of the end of the year.
  • Create a policy for Sick time pay-out time off type for those employees who wish to get paid out.
  • The Effective Date for the policy would be the beginning of the year.
  • The Initial Balance would be the hours for which they are paid-out.
  • Set the Accrual, Reset and Maximum Limits to < None >.
  • Deduct the sick time off type hours paid out to the employees from the balance as per the Time off Balance report.
  • Set the balance arrived at in Step 4 as the initial balance for Sick time off policy for the year.
  • Instruct the users to book time off against the time off type Sick time pay-out to track the amount paid-out to them.
  • Alternatively, the Web TimeSheet administrator can book time off on behalf of the users by navigating to the Historical Time Off section.