What is the timing of leave payout at the end of each year?

Vacation days may be carried over from one calendar year to the next with a maximum rollover cap of 160 hours. Near the end of each calendar year, any hours over 160 will be bought back by AMEWAS, Inc. To determine the annual leave payouts, a process runs after the 11/30 leave accrual has been posted. This process adds the current vacation balance to the individual accrual amounts for 12/15 and 12/31. The 160-hour leave cap is subtracted from that number and employees who have a remainder are automatically paid out on the 12/15 payroll.

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