“On this page, you will find everything related to the Bonuses and Penalties Policy page, including how to access it, how it works, and its benefits.”
Instructions to Access the “Bonuses and Penalties Policy” Page:
- Start by clicking on the “Employees” menu in the main navigation.
- Next, click on “Employee Structure” available in the top toolbar.
- Choose the “Bonuses and Penalties Policy” page from the “Employee Structure” menu.
Concept of the “Bonuses and Penalties Policy” Page:
The “Bonuses and Penalties Policy” page is used to customize and associate bonuses and penalties with a specific salary category. You can link multiple types of bonuses and penalties to a single salary distribution as needed.
Options and Features of the “Bonuses and Penalties Policy” Page:
- Easily customize bonuses and penalties with salary distributions through the fields on the page.
- Provide an option to cancel or modify any of the existing allocations in the system.
- The table displays all allocations of bonuses and penalties in the system.
Explanation of How to Link Bonuses and Penalties to Salary Distributions:
- Choose the name of the salary category you want to link with a specific type of bonus or penalty from the drop-down menu at the top of the page.
- Link the bonuses and penalties to the selected salary type using the button next to each bonus type.
- Finally, click the “Save” button to store the allocation data in the system.
By following these steps on the “Bonuses and Penalties Policy” page, you can easily manage and associate bonuses and penalties with specific salary categories, providing flexibility and control over compensation policies within your organization.