HR, Payroll, Attendance Software Forums Lenvica HRMS Ask a Question Is there any functionality in Lenvica HRMS that calculate employees bonus ? Re: Is there any functionality in Lenvica HRMS that calculate employees bonus ?

natraj
Member
Post count: 54

Yes Lenvica HRMS supports Bonus calculation and it is separated from payslip.

You can define the bonus period by selecting the range between two salary periods. This is similar to salary processing :)

The following are some of the best features of bonus:

1.You can define your own formula.

2.You can provide maximum value for bonus, if the calculated value is greater than the maximum value then the maximum value will be considered.

3.You can provide minimum working days. This will process bonus for employees who worked for atleast the minimum value that you specified.

4.You can lock after you processed the bonus, so there wont be any chance to make changes until you unlock it.

Regards,
Natrajan.A