Leave year
What is Leave year?
A leave year is the fixed 12-month period an employer uses to grant and reset annual leave - often the calendar year, the anniversary of each employee's start date, or a company-wide date such as 1 April.
The choice matters because it sets when balances reset, when carryover is calculated, and how a mid-year joiner's entitlement is handled. A company-wide date is simpler to administer; per-employee anniversary dates are fairer but more work to track by hand.
Whatever the boundary, the awkward moments are the same: what carries over, what expires, and how part-years are handled. HREvio runs the leave year on a schedule - monthly accrual, yearly carryover, and reset - so cut-offs happen on the right date instead of being recalculated in a spreadsheet each January.
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