Hi,
We 6-tiers of PTO accruals for employees that start as of their date of hire. The breakdown of the tiers are listed below.
Per Pay Cycle 5 5.33 6 7.67 8.67 10
Per Hour 0.0577 0.0615 0.0692 0.0885 0.1000 0.1154
For example, Alex started 10/18/2019 (1 year 10 mos) and his accrual rate is 5 hours per pay cycle. We would like to project how many hours will he accumulate through the end of the year based on his YOS? That way we can calculate the liability we will have accrued by then.
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