Tracking holiday pay can be a pain. Some employees might receive holiday pay for certain days, while other employees might not. With TimeForge, we make tracking holiday pay easy with holiday calendars. Here’s how:
Create a holiday calendar in TimeForge
If you have our Human Resources module, all you have to do is go to Set Up, then Human Resources. You’ll then see an option to Add A New Holiday Calendar. If you have multiple locations, make sure you’re on the Corporation Settings page! Simply click the Add A New Holiday Calendar button, enter a name and a wage multiplier and click Save. From there, you’ll be able to enter the dates and descriptions of all of the holidays that your employees will get extra pay for. Be sure to click “Save” after each one! Click here for the walkthrough.
What all can you do with holiday calendars?
As powerful as holiday calendars are, they do have some minor restrictions in order to prevent conflicts in pay calculations. You can only assign one holiday calendar per employee, but you can have as many holiday calendars as you need! For instance, if you have 10 employees that get time-and-a-half (1.5x) on Christmas and New Year’s Eve, you can make a holiday calendar for them. If you have 15 other employees who get double-time on Christmas and New Year’s Eve, then you can make a separate holiday calendar for them. Once your holiday calendar is made, all you have to do is assign the holiday calendar to the employee. You can do that by going to the Employees tab, then clicking Employees from the drop down menu. Then, click Edit next to the employee you want to add a holiday calendar to. From there, just select which holiday calendar to assign to them and click save!
After taking these steps, you’ll notice how easy it is now to calculate holiday pay for employees! If you give people the day off, however, the best way to track that is with leave types and using employee availability and requests. Using either of these methods can save you time, money and a lot of headaches. You won’t have to worry about incorrect spreadsheets any more!
UPDATE: We’ve revamped our holiday calendars! Check out the new and improved calendar area in TimeForge.