Bonuses and deductions
Create and approve employee bonuses.
Get visibility and control over your financial rewards and deductions.
Easily process and filter data.
Have an efficient and clear approval process.
What does the module do?
The module provides a solution for managing and tracking employee financial rewards and deductions. It provides a detailed overview of all bonuses and deductions, both one-off and regular. You can easily manage bonus and deduction types, add new items and set up regular bonuses or deductions that are automatically applied according to predefined rules.
It also includes an approval process that supports both single-approval and multi-level approval processes. Each record can be easily submitted for approval, ensuring transparency and control. Once approved, bonuses and deductions can be closed, confirming that the requested action has been successfully completed.
This module ensures clarity and efficiency in managing payroll processes, allows companies to control all changes and provides tools to reduce the administrative burden.
