HR, Payroll, Attendance Software › Forums › Lenvica HRMS › Ask a Question › What’s floating holiday? Can we manage floating holidays using attendance software? › Reply To: What’s floating holiday? Can we manage floating holidays using attendance software?
Floating holidays are paid holidays you give to your employees, but they aren’t tied to specific dates like other fixed public holidays are. Typically, employees can use floating holidays at their discretion. Many employers that offer floating holidays allow them to be unrestricted and taken at any time, usually with notice required. Some employers that offer floating holidays allow them to be unrestricted and taken at any time, usually with notice required. However, employers can choose to restrict them to specific times, such as during the employee’s birthday month, regional festival days or religious festivals not mandatory to everyone etc.
Yes, it is possible with Lenvica HRMS to manage the floating holidays.
Users can easily manage floating holidays in Lenvica HRMS by creating an attendance type for floating holidays. Assign entitlements to employees. You must enable holiday picker under Leave settings. Employees can then raise applications for floating holidays through employee self service. It will go to their reporting managers and on their approval, floating holidays are automatically updated in the attendance screen of employees. Various reports that give exact detail to users regarding the consumption and balance are availabe in Lenvica HRMS. Please view the page link below to learn how you can apply for a floating holiday through Employee Self Service.