The PTO liability report is a downloadable report designed to help admins understand their financial liability as it relates to any accrued and unused PTO. This report is especially helpful for clients who are using the Everee Flexible PTO program.
How it is calculated: The liability report is calculated by using each employee's hourly rate (for salary employees we convert to an hourly rate) then we multiply that by the number of unused PTO hours. We then sum this for your entire organization.
Where you can find it: You can download this report from the Time Off section of the web app. Learn more about the PTO Liability Report.
Fields included in this report are: employee name, pay type, team, eligibility, accrual rate, annual compensation / hourly rate, PTO hourly rate, accrued and unused hours, accrued PTO value.
Note: this is a point-in-time report accurate as of the time of access. A historical PTO liability report, accurate as of a time in the past, will be released in the future.