# Employee Vacation Accrual Formulas

#### CasandraBeaulieu

##### New Member
I have been tasked with developing a spreadsheet to track employee vacation accrual. The Company updates the vacation accrual the last day of every month.

Our hourly vacation policy is:
0-2 years = 6 days
3-5 years = 10 days
6 years = 15 days

Our salary vacation policy is:
0-5 Years =15 days
6 Years = 20 days

So far I have the following information set up:
A2 Name
B2 Hire Date
C2 TODAY ()
D2 =(C2-B2)/7 (calculates the number of weeks since the employee was hired)
E2 I'd like to reflect the vacation time the employee has taken.
F2 I would like this to show the number of hours each employee has available to date.

I would greatly appreciate any help.

Thanks

### Excel Facts

How to calculate loan payments in Excel?
Use the PMT function: =PMT(5%/12,60,-25000) is for a \$25,000 loan, 5% annual interest, 60 month loan.

#### Dave Patton

##### Well-known Member
T202008a.xlsm
ABCDEF
1NameHireCalc DateYearsTypeEarned
2A1-Jan-106-Aug-2010S20
3B1-Jan-196-Aug-201Hr6
4
4b
Cell Formulas
RangeFormula
D2:D3D2=DATEDIF(B2,C2,"y")
F2:F3F2=IF(E2="Hr",LOOKUP(D2,{0,6;3,10;6,15}),IF(E2="S",LOOKUP(D2,{0,15;6,20}),""))

Replies
6
Views
576
Replies
32
Views
935
Replies
7
Views
716
Replies
1
Views
311
Replies
10
Views
283

1,127,334
Messages
5,624,069
Members
416,010
Latest member
NJT

### We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.

### Which adblocker are you using?

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

### Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

### Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back