Salary Arrears (also called Backpay)
Автор: Lenvica HRMS
Загружено: 2023-09-01
Просмотров: 1304
Описание:
https://lenvica.com/salary-arrears/
Calculating Salary Arrears for all your employees is a tedious task! You will have to go through each payslip of every single employee to calculate salary arrears accurately. Introducing Salary Arrears module of Lenvica HRMS, which calculates Salary Arrears for all your employees in almost no time.
My company has announced salary arrears for all employees; everyone gets a hike in Basic Pay by 10% for the last 3 months. Let me show you how easy it is to calculate Salary Arrears for all my employees with Lenvica HRMS.
Step 1: Specify the arrear period
Choose the start/end salary periods for the Salary Arrear.
Step 2: Define change in formulae
In my case, Basic Pay gets an increment of 10%
Step 3: Pick employees
I’m going to pick all employees in my company
Step 4: Compute Salary Arrears
Now, salary arrears is successfully processed for all my employees.
Step 5: Arrear Payslip
Now, let me show you arrear payslip for one of my employees. Arrear Payslip shows the effect on each Salary Head due to the arrear calculation. This employee gets a net arrear payment of 19794.92 .
Step 6: Arrear Calculation Details
Now, let’s zoom in to each payslip for this employee to see how the arrear formulae have affected each payslip.
Step 7: Arrear Register
Now, let me show you the arrear register which has arrear figures for each salary head for all employees.
The Arrear Module calculates Salary Arrears for all employees in almost no time and also gives you detailed reports on how the salary arrears were calculated. The arrear payslip gives detailed information to your employees. The reports help your auditors to quickly review and approve the arrears. Lenvica HRMS really makes arrear calculation look so simple.
#salary #arrearpayslip #salaryperiod #arrearperiod #arrearcalculation
#salarypayslip #backpay
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