Time in Lieu (TIL)

Managing employee time off efficiently is crucial for small businesses in Canada and the UK. Time in Lieu (TOIL), a policy where employees are compensated with additional time off instead of monetary overtime pay, is an essential feature for businesses aiming to promote fairness and flexibility in the workplace. TimeOff Leave Management System makes tracking and managing time in lieu seamless and hassle-free.What is Time in Lieu?Time in Lieu allows employees to take extra leave for overtime hours worked. For example, an employee working additional hours beyond their standard schedule might earn 1.5 or 2 hours of leave for every hour of overtime, depending on company policy.How TimeOff Handles Time in LieuTimeOff Leave Management System streamlines TOIL by automating the process:Automated Tracking: The system automatically calculates and tracks overtime hours, applying the configured multiplier (e.g., 1.5x).Time in Lieu Balances: Employees can view their TOIL balances in real-time.Seamless Leave Requests: Employees can easily request leave using their accrued TOIL hours through the system.Flexibility for Admins: Managers can approve, reject, or adjust TOIL balances as needed.Benefits for Small BusinessesImproved Accuracy: Automation ensures error-free tracking of overtime and leave balances.Enhanced Flexibility: Employees have more control over how they utilize their overtime.Compliance Support: TimeOff ensures policies align with labor laws in Canada and the UK.By integrating Time in Lieu into your absence management process, TimeOff helps businesses provide a fair and transparent approach to overtime, supporting both employees and managers.