Accrue

Glossary \ Payroll Terms

Published On: Thursday July 23, 2020 04:29 AM

This means to build up or accumulate. As part of a compensation package, many employers offer paid vacation, sick, and personal time. There are many ways to provide this time. Often employers choose to allow the employee to earn (or accrue) a certain amount of time per pay period. Others may give a bulk amount at one time.

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