HR, Payroll, Attendance Software › Forums › Lenvica HRMS › Ask a Question › Configure Bonus in salary › Re: Configure Bonus in salary

muneer
Member
November 30, 2016 at 12:02
Post count: 78
#20248

Bonus
Interface to manage the Employee Bonus.

1. Define the period and pay date for the bonus
2. Define formula to calculate bonus

Define a new bonus type:

1. Go to Salary > Bonus
2. Specify the details

[tr]
[td]Formula  [/td][td] Formula to calculate the bonus amount  [/td]
[/tr]
[tr]
[td] Maximum Bonus[/td][td]Amount The maximum bonus amount that can be paid  [/td]
[/tr]
[tr]
[td] Round Type[/td][td]Rounding option for the bonus amount. Ex: Round to two digits, round to nearest, lower or higher integer etc[/td]
[/tr]

Bonus Name Name of the Bonus
Bonus Period The period from and to for the bonus 
Pay Date Pay date for the bonus 

Add employees eligible for bonus:

1. Go to Salary > Bonus
2. Locate an bonus type
3. Add employees to the bonus

Recalculate the bonus:

1. Go to Salary > Bonus
2. Locate an bonus type
3.Recalculate the bonus

View the bonus details of each employee:

1. Go to Salary > Bonus
2. Locate an bonus type
3. Locate an employee
4. View the details