Entering the bonus components percentage

Page Objective

What you can do in this page

Unified Glossary

Using Online Help

The  “Employee Bonus Components Percentage” page appears.

The system displays following.

Date Format

The date format as applicable to the login user.  Tell me more

Organization Unit

From the drop-down list, select the required organization unit.  Tell me more

Payroll Calendar

From the drop-down list, select the required payroll calendar.

Bonus Components

From the drop-down list, select the required bonus component.

The drop-down list displays the values “Fixed Component”, and “Flexi Component”.

Payable Period

The process period in which the bonus element is payable to the employee(s).    Help Available

Department

The department to which the employees belong, if you want to specify the bonus component percentage for all employees in the department.  Help Available

Enter the department if you want to narrow down the search of the records.

Employee Code

The unique code that identifies an employee. Help Available

Employee Name

The system displays the name of the employee corresponding to the employee code that you entered.

Fixed Percent

The bonus fixed component percentage that is payable to the employee(s). 

You can enter the value only if the bonus component selected is “Fixed Component”.

Flexi Option

From the drop-down list, select the required flexi option.

The drop-down list displays the values “Flexi 1 %”, and “Flexi 2 %”.

Flexi Percent

The system displays the percentage value entered for the specific flexi option from the company level bonus rates screen.

New Flexi Percent

The new bonus component percentage that is payable to the employee(s). 

You can enter the value only if the bonus component selected is “Flexi Component”.

The system saves the details entered.

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6      Hyperlinked topics below

 

Page Objective  

Use this page to enter or modify the bonus component percentage for a specific employee or for all the employees belonging to a specific department.

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