HR, Payroll, Attendance Software Forums Lenvica HRMS Ask a Question Calculating Yearly Bonus for Employees Reply To: Calculating Yearly Bonus for Employees

Vineeth Jose
Keymaster
Post count: 49

Hi Dilanka,

Yes there is option to calculate annual bonus for employees in Lenvica HRMS payroll software. The bonus caclulated for each employee will reflect in the bonus reports you pull from the software. Bonus module has options to define custom period, custom formula to calculate bonus with option to select salary heads, restrict the maximum bonus, round off etc. Please check the page link below to learn in detail how you can process Bonus through Lenvica HRMS payroll software.
https://www.lenvica.com/how-to-calculate-bonus/