A leave cycle is the 12 month period on which time off is calculated and granted to employees in accordance with their employment contract. There are 2 types of leave cycle to choose from:
| Leave cycle | Description | Renewal |
| Fiscal year | 1. Calendar year Follows standard calendar, starting from 1st January - 31st December for all employees 2. Custom year Follows custom 12 month period you select, starting on the same date for all employees Example: 1st September - 31 August |
The leave cycle will begin on the 1st of the calendar month |
| Join date | Follows custom 12 month period, starting on the join date for each employee Example: 10th September - 9th September |
The leave cycle is determined by an employee's join date and will be refreshed according to his/her work anniversary date |
Fiscal year:
Join date:
Swingvy tip:
1. Every leave type will require a separate general setting.
2. All leave balances will be renewed when the new cycle begins.
1. Every leave type will require a separate general setting.
2. All leave balances will be renewed when the new cycle begins.