Setting up regular bonuses/deductions
To set up regular bonuses and deductions, go to the Bonuses and Deductions tab in the selected employee's profile .
After clicking View and manage recurring bonuses and deductions, an overview of recurring bonuses will be displayed.
Click on Add Bonus and fill out the form displayed according to the following points:
- Select the type of bonus/deduction.
- Enter the amount (bonus/deduction value).
- Select a currency . By default, the currency that the selected employee has set in their profile on the Work Data tab in the Salary section is pre-set. If the employee has no currency set, the currency that is first in the relevant code list is pre-filled.
- Select the months in which the bonus/deduction should repeat. If it should repeat every month, you can use the Select All button.
- Set the validity (Unlimited/Limited).
- If you choose a limited validity , fill in the validity from - to.
- By default, the Generate automatically checkbox is checked. If you do not want the bonus/deduction to be automatically generated, leave the checkbox empty.
- Fill in the note.
- Save using the Add bonus/deduction button.
Once set up, regular bonuses/deductions are automatically generated on the 1st of each month . Once generated, they are visible on the employee's profile at the bottom of the Bonuses and Deductions tab, see image, and then in the Bonuses and Deductions Overview .
Then submit the generated bonus for approval according to the instructions here .
Then submit the generated bonus for approval according to the instructions here .
