Annual leave accrual rate per semi-monthly period?

Annual leave accrual rate per semi-monthly period?

• A. 4
• B. 1
• C. 2
• D. 3

Answer: (D)

Annual leave accrual per semi-monthly period is the amount of leave earned in each pay period. To find it, divide the yearly entitlement by the number of semi-monthly pay periods in a year. There are 24 semi-monthly periods in a year, so you use yearly entitlement ÷ 24. If the yearly entitlement is 72 hours, then 72 ÷ 24 = 3 hours per period. Therefore, the accrual rate per semi-monthly period is 3 hours. (Choosing a different per-period amount would imply a different yearly entitlement—for example, 4 hours per period would total 96 hours per year, 1 hour would total 24 hours per year, etc.)

Annual leave accrual per semi-monthly period is the amount of leave earned in each pay period. To find it, divide the yearly entitlement by the number of semi-monthly pay periods in a year. There are 24 semi-monthly periods in a year, so you use yearly entitlement ÷ 24. If the yearly entitlement is 72 hours, then 72 ÷ 24 = 3 hours per period. Therefore, the accrual rate per semi-monthly period is 3 hours. (Choosing a different per-period amount would imply a different yearly entitlement—for example, 4 hours per period would total 96 hours per year, 1 hour would total 24 hours per year, etc.)