With the release of Time Off in Lieu, iProHR customers can now track accrued Time off in Lieu directly within Timesheets and visualize it on the Vacation dashboard. Create multiple company policies, manage resource settings, and easily request TOIL.
In today’s fast-paced work environment, flexibility and work-life balance are more important than ever. That’s why we are excited to introduce Time Off In Lieu (TOIL) to iProHR. TOIL allows employees to accrue hours for overtime worked and use them as leave at a later date, providing a flexible alternative to traditional overtime payment.
What is time off in lieu (TOIL)?
Time off in lieu, or TOIL, is an alternative for the employers to give time off for the employees instead of paying for overtime. If you have a big project coming up followed by a slow period, it can be cost-effective to ‘pay’ for the overtime hours with compensatory time off.
How Does TOIL Work in iProHR?
TOIL is straightforward to use and integrates seamlessly with your existing workflow:
Accrual :
Employees log their overtime hours as usual. These hours are then automatically converted into TOIL, based on pre-set accrual rates determined by your company’s policy.Enhanced Efficiency :
By reducing the time spent on back-and-forth communication, teams can focus more on executing tasks rather than managing logistics.Usage :
When employees need to take time off, they can choose to use their accrued TOIL hours instead of their regular vacation hours.Management :
Administrators can easily track and manage TOIL accruals and usage through a dedicated dashboard, ensuring transparency and ease of access.With TOIL, not only do employees gain another option for managing their time off, but employers also benefit from a more motivated and balanced workforce.
Customizing and Managing TOIL Policies
In iProHR, setting up and managing TOIL policies is highly customizable. Administrators can establish different accrual rates for different groups of employees or based on different conditions. This ensures that the TOIL system can be tailored to fit the unique needs and regulations of any organization.
Integration with Other Features
TOIL is seamlessly integrated with other iProHR features such as Timesheets and the Vacation dashboard. This integration helps in monitoring and managing employee hours and leave requests efficiently, making it easier for managers to maintain a balanced workflow and for employees to take time off when needed without disrupting project timelines.
The Benefits of Implementing TOIL
Implementing TOIL can significantly enhance workforce management by increasing employee satisfaction and retention. It offers a fair and motivating way for employees to manage overtime, reducing burnout and improving overall job satisfaction.
“Intense projects and overtime are a regular part of our work, often driven by the fast-paced nature of our industry. Time off in lieu compensates for these demanding periods, and with iProHR adding the TOIL feature, this becomes seamlessly integrated with the rest of our resource management. It brings balance and boosts flexibility, helping us and our employees efficiently recharge after demanding periods.”