Any suggestions on setting up LP Plan for lump amount of hours based on hire
I am looking for any guidance for setting up a new LP Plan based on lump sum allotments.
An example
Jan 1 - Q1 existing/new hires/promos get 10 hours
Q2 new hires/promos get 8 hours
Q3 new hires/promos get 6 hours
Q4 new hires/promos get 4 hours.
At year end the balances gets cleared out and everyone starts over with 10hours. Does anyone have a similar plan setup that they would not mind sharing?
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