In Simployer One, the Coverage Rate setting allows organizations to define the percentage of salary compensation applicable to Parental Leave. This is particularly important in countries like Norway, where statutory parental leave coverage commonly includes options such as 80% or 100%.
1. What is Coverage Rate?
The Coverage Rate refers to the percentage of salary compensation the employee receives during a parental leave period. This setting allows for structured selection and reporting of leave compensation, based on national rules or internal policies.
- Common examples:
- 80% coverage with a longer leave period
- 100% coverage with a shorter leave period
2. How to enable Coverage Rate in a Leave Policy
To configure a coverage rate:
- Navigate to the Settings
- Go to Time Off Settings.
- Select the Parental Leave type.
- Create or edit an existing leave policy.
- Enable the option "Set Coverage Rate".
- Once enabled, define the allowed coverage rate values:
- Example: 80 and 100
Note: This feature is only available for Parental Leave.
3. Registering leave with Coverage Rate
When employees submit a Parental Leave request:
- They are required to select one of the predefined coverage rate options.
- This value becomes part of the registered leave record and is used in subsequent reporting and payroll integration.
4. Reporting and payroll impact
The selected Coverage Rate is fully integrated across:
- Absence Reports – where HR and managers can track leave based on compensation level.
- Payroll Reports – ensuring accurate handling of leave compensation through integrations or manual exports.
This helps ensure compliance with statutory policies and supports accurate payroll processing.
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