Compensation

How do I add compensation/salary details for an employee?
Follow these steps to add an employee’s compensation: Go to Employee Management (HR) Select Compensation from the available options From the dropd...
Wed, 23 Jul, 2025 at 5:54 PM
How is Cost to Company (CTC) calculated?
Cost to Company (CTC) is calculated using the formula: CTC = (Gross Pay + Employer Costs) × 12 It represents the total annual expense a company incurs ...
Wed, 23 Jul, 2025 at 5:55 PM
Is there an option to send the salary annexure?
Yes, you can send the salary annexure as an attachment to each employee for the compensation menu under HR Management.  While saving the compensation, i...
Wed, 23 Jul, 2025 at 6:02 PM
How to add new allowances and deductions in payroll settings?
Please follow the steps below to add a new allowance:            Go to Payroll> Payroll settings> Allowances tab and click on Add button       ...
Fri, 19 Nov, 2021 at 1:12 PM
What is Gratuity?
To calculate the tax-exempt gratuity amount, the law divides non-government employees into two categories: those who are covered under the Payment of Gratui...
Tue, 23 Nov, 2021 at 12:09 PM
How compensation effective pay period date will impact on Payroll?
The Compensation of the Employee will be effective in payroll from the selected 'Effective Pay Period Date' in the Compensation.  For Example:  ...
Tue, 23 Nov, 2021 at 12:07 PM
How do I update the compensation of an employee?
To update an employee’s compensation: Go to Employees > Compensation Select the employee from the list Click Edit to modify the compensation det...
Wed, 23 Jul, 2025 at 5:56 PM