Calculation of earned benefits in Core HR

How are earned benefits calculated in Core HR? It seems the accrued vacation time does not tally with the actual. 

In Core HR, the benefits earned, say vacation days, by employees is calculated as shown below (1st Jan, 2019 being the start date):

• 1st Jan, 2019: 0 days (as 1 year hasn’t been completed)

• 1st Jan, 2020: 1 day

Now employee earns 2 Days/Year for the next two years, i.e., 2021 and 2022.

• 1st Jan, 2021: 1 + 2 = 3 days (1st Jan, 2019 – 1st Jan, 2021 = 2 years completed)

• 1st Jan, 2022: 1 + 2 + 2 = 5 days (Here the start day is calculated from 2020 instead of 2019, so 1st Jan, 2020 – 1st Jan, 2022).

Next employee earns 3 Days/Year for the next three years, i.e., 2023, 2024 and 2025.

• 1st Jan, 2023: 1 + 2 + 2 + 3 = 8 days

• 1st Jan, 2024: 1 + 2 + 2 + 3 + 3 = 11 days

• 1st Jan, 2025: 1 + 2 + 2 + 3 + 3 + 3 = 14 days

Next employee earns 4 Days/Year for the next four years, i.e., 2026, 2027, 2028 and 2029.

• 1st Jan, 2026: 1 + 2 + 2 + 3 + 3 + 3 + 4 = 18 days

• 1st Jan, 2027: 1 + 2 + 2 + 3 + 3 + 3 + 4 + 4 = 22 days

• 1st Jan, 2028: 1 + 2 + 2 + 3 + 3 + 3 + 4 + 4 + 4 = 26 days

• 1st Jan, 2029: 1 + 2 + 2 + 3 + 3 + 3 + 4 + 4 + 4 = 30 days

This can be continued for future years in the same way as explained above. 

Another example is when the benefits are earned and calculated in one-year increments (as seen below). The calculations will follow the same logic. 

• 1st Jan, 2019: 0 days (as 1 year hasn’t been completed)

• 1st Jan, 2020: 1 day

Now employee earns 2 Days/Year for the next one year, i.e., 2021.

• 1st Jan, 2021: 1 + 2 = 3 days (1st Jan, 2019 – 1st Jan, 2021 = 2 years completed)

Next employee earns 3 Days/Year for the next one year, i.e., 2022.

• 1st Jan, 2022: 1 + 2 + 3 = 6 days

This can be continued for future years in the same way as explained above.

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