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Time off policies can be used for tracking any absence, whether its paid, defined by law or even unpaid leave. A policy could be set up, so employees build up an amount of leave allocation throughout the year. This is called the accrual policy and is typically calculated daily, monthly or yearly. For a vacation policy, the usage needs to be tracked, so the balance can be calculated. A time off policy for employee remote working may only need to track usage with no accrual. Sometimes an employer allows a fixed number of days leaves for the whole employment. This is called Allocate once. A short term contract is an example. In this type of policy, there is no accrual and the time off is allocated upfront. Lets say youve been asked to set up a vacation policy, that allows 24 days vacation per year and accrues the allocation monthly. On January the first each year, the allowance must reset, but employees can carry over a maximum of two days. The business has a standard
