Pay supplements
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Last updated
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Employers may wish to provide their employees with additional compensation beyond their regular salary. To facilitate this on our platform, it is crucial to understand the functionality of pay supplements and additional pay items. This ensures that your employees receive their extra compensation smoothly and on time.
Employees may receive additional monetary compensation for their regular base/gross salary. This additional compensation is a pay supplement and can take various forms, including sales commissions, allowances, and bonuses.
The Pay Supplements module on our platform allows you, as an employer, to add and track these additional payments. You can choose from different pay supplement options to best describe the compensation you are providing.
Learn how to .
There are three tabs in the pay supplements section:
The pending tab shows pay supplements that are pending from the employer. The employer needs to input the amount.
The processing tab shows the pay supplements with the amount entered by the employer and submitted. It is now on Multiplier to process the amount as per the defined payment dates.
The completed tab shows the pay supplements that have been paid.
Every time a pay supplement is created, status is allotted to it. Understanding these statuses will help you effectively manage and monitor the progress of pay supplements.
Pending
A pay supplement is in the pending status when initiated on the system, but the admin is required to enter the amount and then submit the pay supplement.
You can still change the pay supplement details, such as the amount, in this status.
Once you have entered all the pay supplement details, you can submit it, and it will move to “Created” status.
Created
The Created status indicates that a pay supplement has been submitted for processing but has not been processed yet.
The pay supplement is now queued for processing.
Processing
When a pay supplement is in the Processing status, it means that it is currently being processed for payroll.
You cannot change the pay supplement details while it is being processed.
Once the processing is complete, the pay supplement will move to the next applicable status.
Paid
The Paid status indicates that the pay supplement has been successfully processed, and the payment will be made.
In this status, the recipient of the pay supplement will shortly receive the payment.
To be Paid
When a pay supplement is in the To be Paid status, it is on hold and awaits further decisions. It may likely be processed or revoked in the upcoming or next cycle.
Once the final decision is made, the pay supplement will transition to the "Paid" or “Revoked” status, or even the Processing status if considered for the next cycle.
Revoked
The Revoked status indicates that a pay supplement has been canceled or revoked before it was paid.
If a pay supplement is in this status, it will not be processed or paid.
Once a pay supplement is revoked, it cannot be reverted, and the pay supplement details will change to a read-only format.
In this status, the pay supplement can be edited before the. After the cut-off date, the details are locked, and no further modifications can be made.
You may choose to revoke a pay supplement (before the) if you notice an error or if the payment is no longer required.