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4 KRONOS KRO TOS mo . folgl READS7 ACClCJJALS DATASHEET Automate Accrual Tracking for Improved Accuracy and Consistency Employees need a break from work every once in a while to stay healthy, productive, and engaged. That's why organizations like yours offer paid time KeyBenefits off (PTO) in the form of vacation days, holidays, personal time, sick time, and more. While PTO is an important benefit for attracting and retaining top talent, tracking time-off accruals manually can be a tedious and error-prone process. The time and effort associated with manual calculations, spreadsheet-based > CONTROL LABOR COSTS by accurately record keeping, and responding to employee inquiries can place a heavycalculating and tracking time-off accruals administrative burden on managers and human resources (HR) staff. > AUTOMATICALLY ENFORCE organization- If accruals are not tracked properly, you could be setting your organization specific accrual policies to help drive up for some serious headaches. Inaccurate tracking can cause managers to compliance and impartial treatment approve paid time off that employees haven't legitimately earned. It can lead of employees to scheduling challenges that impact productivity and service levels. It can > SPEED AND SIMPLIFY time-off requests even result in employee grievances and litigation for unfair time-off practices. and approvals in Workforce Ready Time And if state law or company policies mandate payout of unused PTO when an Keeping with instant visibility into each employee terminates, accrual inaccuracies can add up quickly and hurt the employee's current accrual balance tom line. t . nos Workforce Ready®Accruals can help. This powerful solution, an add-on > FACILITATE RESPONSIBLE USAGEof time-off benefits to minimize impact module to the integrated Workforce Ready suite, automatically calculates and on schedules tracks each employee's accrued time off based on your organization's specific rules, policies, and regulations. Automated accrual tracking eliminates manual > DISPLAY ACCRUAL BALANCES on errors; supports fair, consistent policy enforcement; and gives employees and employee pay statements with Workforce managers instant visibility into current status to speed and simplify time-off Ready Payroll requests and approvals. Accruals that work the way you work With Workforce Ready Accruals, you can calculate and track accruals based on your organization's specific policies. Set up benefit accrual profiles to determine the rate at which an employee or a group of employees accrues time off, including vacation, personal time, sick time, and more. Track accruals based on user-defined criteria such as hours worked; seniority; grade level; and attendance, performance, and/or wellness points. Create carry-over settings to specify whether an employee can carry forward accrued time, how much, and for how long. Automatic enforcement of policies and regulations minimizes your compliance risk while driving fair, consistent treatment of employees across the organization. In a recent study, Workforce Ready customers reported the following KPI improvements:1 Costs associated with Time required for Time required to manage PAPER TRACKING: HR ADMINISTRATIVE TASKS: UNEXPECTED EMPLOYEE ® Reduced 80 - 95% Reduced 25 - 35% ABSENCE: Reduced 60 - 80% 'Sanjeev Aggarwal,Laurie McCabe,and Dwight Davis, Research Study:Cloud-Based Workforce Management Powers Midsized Organizations,SMB Group(sponsored by Kronos Incorporated),August 2015,at 6.