Report Liability for Time Off

Report the liability of an organization for time off balances. For the time off plans and date you select, Workday reports the plan balance and total liability for each worker. For workers paid in a different currency, Workday displays the liability in the currency paid.

Access the

Time Off Liability

report.

Select the

Hourly Frequency

Daily Frequency

, or both depending on the time off units (Days
or Hours
) the plans use.

Workday uses the annualization factor defined for the selected frequency to determine the worker's hourly or daily rate for the report.

For plans that use days: Daily rate = worker's annual salary / annualization factor.

For plans that use hours: Hourly rate = worker's annual salary / annualization factor.

Workday calculates a worker's annual salary according to the same logic used by Workday Compensation.

If you don't select an hourly or daily frequency, Workday calculates a worker's liability by multiplying the annual salary by the plan balance (hours or days).

To view or edit frequencies and their corresponding annualization factors, use the

Maintain Frequencies

task.

Select the

As of Date

for the balances.

Workday automatically populates current date.

Workday reports the time off liability for the workers and time off plans that meet your selection criteria. The

Organization

column displays the supervisory organization for the worker's primary position.

Aaron's annual salary is 50,000 USD. You can calculate the rate for Aaron's liability when you:

Create the

Time Off Liability

report for the hour-based Vacation time off plan.

Select an hourly frequency that has an annualization factor of 2080.

Liability rate: 50,000 / 2080 = 24.04