3/11/2024 0 Comments Joplin 2.12.19 instal![]() ![]() Certain portions of this AIF are disclosed in Nutrien Ltd.s Managements Discussion & Analysis (∲019 MD&A) and Consolidatedįinancial Statements for the years ended December 31, 20 (∼onsolidated Financial Statements) and are incorporated by reference herein to the extent noted below and throughout this AIF and are available on the Canadian Red is a test if the pay period date is older than todayīlue is a test to see if the period has crossed over an Accrual years (ie, over 1 year, over 5 years).Following is a table of contents of this Annual Information Form (∺IF) referencing the applicable requirements of Form 51-102F2 of the Canadian Securities Administrators. The formulas in G2:AG7 are doing just that. ![]() You said you wanted to split the pay period PTO if the period crossed over a year break. Ok, this will probably need some tweaking. ![]() Should the rate of accrual be based on the date at which the pay period started? Meaning, are you going to calculate the accrual differently if the first half of the pay period is in the first year and second half of the pay period is in the second year? You would then need to calculate the number of potential work hours there was in each accrual year. This would then get added to all other accrual from previous periods and used PTO would be subtracted. ![]() First year calculation for each period: 3.693 * (number of hours worked / number of hours in period) or 3.639 * (79 / 80) = 3.6468. Each pay period should be a stand-alone calculation, not a combined calculation for a number of pay periods. I have questions.ĭoes your company limit the number of hours an employee can roll over into a new fiscal or calendar year? This would need to a variable in the calculation.Īre you not calculating the rate of PTO based on the number of hours a person works up to a maximum of 80 hours biweekly? Most of the company policies I've seen prorated the PTO accrual based on the percentage of actual hours worked up to a maximum of 100% or 40 hours per week. I've been a payroll professional for a total of about 13 years. ![]()
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