A tool designed to compute accumulated paid time off allows employees to track earned but unused vacation days. For instance, an employee accruing 2 weeks of vacation per year might use such a tool to determine their available leave after 6 months. This provides clarity regarding available time off for personal use or in case of unforeseen circumstances.
Such tools benefit both employees and employers. Employees gain a clear understanding of their earned leave, facilitating better planning for time off and promoting work-life balance. For employers, these tools can streamline payroll processes, ensuring accurate vacation payout calculations and minimizing potential disputes. Historically, tracking accrued vacation time was a manual, often complex process. Modern digital solutions offer a far more efficient and transparent approach.