In the second dropdown, there are 3 options - Day, Half Day, and Quarter Day and Hour, 30 Mins, 15 mins for hour-based leaves.
Let's take a look at an example to understand the round-off option:
Let us assume that an employee's prorated leave count is 3.43 days of leave. If round-off is disabled then he will be credited exactly 3.43 days of leave.
When enabled, let us see how each combination works:
Unit: Days
Prorated Leave Count = 3.43 days
Nearest Day = 3 days (rounded-off to the nearest whole value)
Nearest Half Day = 3.5 days ( rounded-off to the nearest 0.5 value)
Nearest Quarter Day = 3.5 days ( rounded-off to the nearest 0.25 value)
Maximum Day = 4 days
Maximum Half Day = 3.5 days
Maximum Quarter Day = 3.5 days
Minimum Day = 3 days
Minimum Half Day= 3 days
Minimum Quarter Day = 3.25 days
Unit: Hours
Prorated Leave Count = 13.89 hours (13 hours 53 minutes)
Nearest Hour = 14 hours
Nearest 30 min = 14 hours
Nearest 15 min = 14 hours
Maximum Hour = 14 hours
Maximum 30 min = 14 hours
Maximum 15 min = 14 hours
Minimum Hour = 13 hours
Minimum 30 min = 13.5 hours (13 hours 30 minutes)
Minimum 15 min = 13.75 hours (13 hours 45 minutes)
First month rule: This specifies the intervals within the first month of joining and the exact amount of leave to be given within each interval. For example, you can create a rule stating an employee who enters the policy from the 1st–15th of the month will be credited one day of leave, while those entering from the 15th–31st will be credited (5 days of leave). When this rule is applied for multiple policies, the first month refers to the first month of each policy.
Last month rule: This specifies the intervals within the employee's final month and the exact amount of leave to be given within each interval. For example, you can create a rule stating that in their final month of relieving, if the employee exists from the 1st–15th of that month, 1 day will be credited, and from the 17th–31st, 2 days will be credited. When this rule is applied for multiple policies, the last month refers to the last month of transition from one policy to the next.