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

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    • brijesh
      Member
      February 26, 2009 at 11:00
      Post count: 14
      #18978

      ::)
      Is there any functionality that calculate bonus for the employees?
      If yes then what make it special?
      Whether it can be separated from payslip?
      ::)

    • natraj
      Member
      February 27, 2009 at 04:46
      Post count: 54
      #19723

      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

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