Add or revise only the additional pay for an employee
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If you want to revise only the additional pay component in the contract, you can revise the additional pay component without changing the base salary.
If you have previously added any additional compensation for the selected employee, that pay item will appear on the screen, and you can edit or delete it as needed. If you do not change the existing additional compensation, it will continue to be in effect along with the revised salary.
During an employee's tenure with your company, you might want to revise their salaries for various reasons. With Multiplier, you can quickly revise employee salaries on the platform:
Login to using your credentials.
From the left sidebar, select Team.
From the Team overview window, select the Active tab.
Select the employee whose salary needs to be revised. A window opens with all the employee details.
Select the Employment tab and then navigate to the Compensation section.
Don’t update the Revised total annual salary. Just update the Effective date.
Select Add Additional Pay and choose a suitable option from the dropdown.
Select Add once you have added all the necessary information.
Select Continue.
Once you select continue, you are redirected to the Employement tab. Select Review new pay.
Select Send to Signatory
Once done, the revised compensation details are shared with the employee.
Once the employee accepts and signs, the status will show as completed.
The payroll team will process the revisions. Once the payroll team has processed the revisions, the status shows Completed.
Select Edit () next to Compensation to view the employee's Existing Job Title and Total Annual Salary.