A new feature has been added to the Employee Information – Benefits Package module, allowing administrators to define a Monetary Benefit Calculation Policy specifically for Flexible Shift employees. This policy adjusts salary-based benefits according to the total number of hours present or absent, impacting payroll simulations for employees under flexible work schedules.
Steps to Configure the Calculation Policy:
1. Navigate to Employee Information
- Go to Administration > Employee Information.
- Select the employee you want to modify.
- Click Edit Employee.
2. Access the Benefits Package Settings
- Locate the Benefits Package section.
- Select the Monetary Benefit you want to configure.
3. Apply the Flexible Shift Calculation Policy
- Scroll to the Rules section below.
- Locate the option for Calculation Policy for Flexible Shift.
4. Define the Basis for Computation
- Choose whether the computation will result in an Addition or Deduction of benefits.
- Enter the amount to be added or deducted based on total hours present/absent.
5. Save Changes
- Click Update to apply the selected policy.
- Navigate to Employee Summary.
- Click Save to finalize and store the changes.
Basis for Computation
The system will automatically compute the salary adjustment based on:
- Total Hours Present → May result in Additional Benefits.
- Total Hours Absent → May result in Salary Deduction.
- The configured amount will be applied accordingly.
Impact on Payroll Simulation
- The selected policy directly affects payroll simulations for flexible shift employees.
- Adjustments will be automatically reflected in the computation of other salary-based benefits.