Overview of different timebanks, holidays and vacations

Overview of different timebanks, holidays and vacations

Timebank: The number of hours available and set aside for each employee who will be paid later. 
It is a reserve of overtime. In a few clicks, fill in the missing hours in timesheets using the hours available in the timebank.
Warning :
Banked: Any time banked is always done at your employee's basic hourly rate. Any hourly premium is automatically calculated and paid to the employee according to the actual time worked. The cumulative premium that the employee could see applied to his time worked is, however, modified according to the hours worked.
For example, an employee with a cumulative premium calculating overtime after 43 hours worked, modified to 40 hours.

Use of the bank: Any payment from the bank of time worked is made at the employee's base salary. Any bonus associated with the employee's default position is not applied. The same is true for cumulative premiums that may apply.

Vacation bank 

Definition: Number of vacation days available over a defined period, called the reference period. For more information click here.
Use: The number of days is real, that is, it is adjusted according to the planned vacation days. However, the amount is not deducted before the timesheets are approved. Manual changes made in the payroll service will not be retroactive in Emprez.

Check out these articles for more information:

Sick leave bank

Definition: Number of hours available over a defined period for the employe to take paid sick leave.
Use: To be added to the employee's file before this function can be used.

Check out these articles for more information:
    Definition: This option is used by residents of the province of Quebec only. These are the two family days to which the employee is entitled, and which are paid 1/20 of the past four weeks. 
    Use: They are included in leave with pay, under the type of Absence for paid family reasons. There is no specific bank for this type of day in Emprez / Horarius, but your pay system may have a bank set up for this purpose. Click here for more information.

    Hours worked

    Definition: Number of working hours provided for in the employee's employment contract.
    Use: The time will be deducted automatically when you put the employee to hours.


    For more information on using time banks, see the article: Adding hours to the bank from timesheets
    To give your employees visibility on their time banks via the mobile application, you can send them the following article: My TimeBank, or the article Getting Started with the Emprez Employee Portal: Employee Profile and Access to access it via the Emprez web portal.

      • Related Articles

      • Adding a custom time banks to your employees

        The custom time banks are used to store the hours of your employees for floating holidays, in days or in hours. You can also use the custom time banks function to create specific categories of leave that you want to grant to your employees: birthday, ...

      • Adding custom time banks in batch

        The custom time banks are used to store the hours of your employees for floating holidays, in days or in hours. You can also use the custom time banks function to create specific categories of leave that you want to grant to your employees: birthday, ...

      • Use of Vacations Banks

        Vacation Bank: The number of vacation days available over a defined period for your employees to take a vacation. Key data in Quebec Vacation entitlement: Vacation entitlement is acquired for a period of 12 consecutive months. The reference year: ...

      • Adding vacations in batch

        To update your vacation banks, follow these steps: Access the Add Vacations (Batch), Insert the information in the boxes indicated,  Click Search when done. TIP:  To help you, take out the salary report to get an idea of "Who has how much vacation ...

      • Manage vacations in hours

        Managing your employees' vacations in hours rather than days will give you greater flexibility if you want to account for half days of vacation for example. Activate vacations in hours If you re with Desjardins or Nethris, ask your payroll service ...