1. What is Leave Balance?

Leave balance represents the remaining hours of paid time off available to an employee after accounting for all accrued and used leave time.

2. How Does the Calculator Work?

The calculator uses the simple equation:

Where:

• \( Accrued \) — Total hours earned through company accrual policies
• \( Used \) — Total hours of leave already taken

Explanation: The equation simply subtracts used leave hours from accrued leave hours to determine remaining balance.

3. Importance of Leave Balance Calculation

Details: Accurate leave balance tracking helps employees plan time off, ensures proper payroll processing, and maintains compliance with company policies and labor laws.

4. Using the Calculator

Tips: Enter accrued hours and used hours in decimal format (e.g., 7.5 for 7 hours 30 minutes). Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: How is leave typically accrued?
A: Most companies accrue leave based on hours worked, with full-time employees earning a set amount per pay period.

Q2: What if my balance shows negative?
A: A negative balance indicates you've used more leave than you've accrued, which may need to be repaid or deducted from future accruals.

Q3: Does this calculator account for different leave types?
A: This calculates a simple balance. For separate vacation/sick/personal balances, you would need to track each type individually.

Q4: How often should I check my leave balance?
A: It's good practice to check before requesting time off and after any leave is approved/used.

Q5: What if my company has a "use it or lose it" policy?
A: This calculator doesn't account for expiration policies - always check your company's specific rules about carryover limits.