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Handle unused PTO and benefits. There are many PTO administration policies and methodologies. However, if your company does use the calendar year rather than the employee’s anniversary date for annual PTO limits, let employees know what will happen to unused PTO balances. How much can be rolled over to the next year?
Accrued time off pay, or PTO accrual, is when an employee has earned paid time off from work but has not used it. Make things easier on yourself by using Patriot’s onlinepayrollsoftware. After entering employee information, we’ll calculate payroll and income taxes with guaranteed calculations.
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