Administration - Process Bonus - Bonus Setting
You can use the Bonus Setting to set up bonus calculation formula and conditions.
To access this setting, do the following:
Step 1: Click on .
Step 2: Click on .
Step 3: Click on .
Step 4: Select tab.
Step 5: Set the settings accordingly. See below for the explanation.
📌 Note:
For proration to work for new hires:
Those hired within the current year must have a confirmation date and the confirmation date has to be earlier than the bonus processing month.
Step 6: Click on to save the setting.
Administration - Process Bonus - Calculation
After you have done the setting, you can then proceed to use the setting you have saved to calculate the bonus for your staff.
Step 1: Click on .
Step 2: Click on .
Step 3: Click on .
Step 4: Click on the tab.
Step 5: Select the option of whether to add Bonus with other pay elements or to add Bonus as an individual pay element for processing.
Step 6: Select the year .
Step 7: Click on and the system will calculate the bonus based on the settings. Go through the calculation to ensure that the information is correct.
Step 8: Click on the button if you wish to select to transfer the bonus for selected staff or
to transfer the bonus to all staff.
Check Bonus Transfer
You can check the bonus transfer by doing the following:
Step 1: Click on .
Step 2: Click on .
Step 3: Click on .
Step 4: Go to the staff you wish to check to ensure that the bonus is being added and click on the icon. You should see the Bonus (Sys) in the Additions column.