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- Scheme Name: Short name of the scheme (will appear in drop down menus).
- Description: Scheme description.
- Scheme Type: Type of the holiday scheme. This will either be Weekly, Fortnightly, Four Weekly or Monthly based on the pay frequency (section 3), or be set to Hourly (see section 4) . Please be aware that once a worker is added to the scheme it cannot be changed.
- Holiday Pay Element: Payment element that an employee is paid against when on holiday. Please be aware that once a worker is added to the scheme it cannot be changed. A new scheme would need to be created.
- Holiday Year Start Date: Date that specifies when holiday year starts. The holiday scheme resets once the pay period start date passes this date. This field can be left empty in order that holiday balances never get cleared down (unless Use Employee Effective Date is ticked).
- Allow Negative Holidays: Yes/No option that defines if employees on the scheme are allowed to take more holiday than accrued.
- Use Employee Effective Date: Ticking this box signifies that the effective date from the employee holiday scheme is used to determine the anniversary of the holiday year where balances are reset. Ticking this will disable the Holiday Year Start Date fields.
- Pay Holiday On Leave: If ticked, employee's will be paid any accrued holiday not taken in the period they leave.
- Take Holiday To 4dp.: This calculates the employee's holiday to 4dp. rather than to 2dp. Once selected, this field cannot be unselected.
Creating a Day Based Scheme
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