Patent ID: 8407114
Filing Date: 2013-03-26
Classification: G06Q

Abstract:
1. A method of determining benefits, comprising: providing a cash account for an employee and using a computer for processing data acting on a database and having a balance; generating earned benefit hours by accruing paid-time-off hours over a first time period using electronic communications on the computer; generating a monetary benefit by multiplying a first hourly wage rate of electronic data on the computer by the earned benefit hours and storing on the database, and adding the monetary benefit to the cash account as electronic data on the computer; generating a monetary amount by using paid-time-off hours through electronic communications by multiplying a second hourly wage rate by a time taken off over a second time period and storing on the database, and subtracting the monetary amount from the cash account through electronic communication on the computer to provide an update of the balance and the second hourly wage rate is greater than the first hourly wage rate and; outputting the balance of the cash account electronic data from the computer onto a medium.