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spay:hrmsprocguide:eyb [2019/10/27 02:53]
mclement
spay:hrmsprocguide:eyb [2026/05/19 23:40] (current)
mclement
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====== End of Year Bonus (Leavers) ====== ====== End of Year Bonus (Leavers) ======
-With reference to the Workers' Rights Act 2019 - Section D - 54. End of Year Bonus (Leavers)+===== With reference to the HRMS End Of Year Bonus Guide - Annex 9 =====
-The calculation and payment of the End of Year Bonus to leavers MUST BE CALCULATED MANUALLY AND PAID IN THE MONTH THAT THE EMPLOYEE IS LEAVING.+{{:spay:hrmsprocguide:step_1a_1b.png|}}
-The payment of the End of Year Bonus is not applicable to employees who have left before October 2019 but only applies to the below cases:+{{:spay:hrmsprocguide:step_1c.png|}}
-(1) Employees who resign as from the month of October 2019 after having been employed for at least 8 consecutive months +{{:spay:hrmsprocguide:step_1c_note.png|}}
-(2) Employees whose employment is terminated and for whom the End of Year Bonus calculation must be performed only on the number of working months+
-To calculate the End of Year Bonus Earnings you are requested to go through the steps below: +{{:spay:hrmsprocguide:step_1d.png|}}
- +
-  *  Step 1: Go to Payroll +
- +
-  *  Step 2: Click Statistics +
- +
-  *  Step 3: Click **Payments & Deductions** +
- +
-{{:spay:hrmsprocguide:hrms_statistics.png|}} +
- +
-===== End of Year Bonus Earnings (Summary) ===== +
- +
-  *  Step 4: Set the necessary selection, filtering and grouping as illustrated below: +
- +
-  *          **Year** choose __2019__ activate ON +
- +
-  *          **Company** choose __The required company (in the illustration company 02 has been chosen)__ activate ON +
- +
-  *          **Employee** activate ON +
- +
-  *          **PD Group**  choose __EYB Payable__ activate ON +
- +
-  *          **Summary** select +
- +
-  *          **Show Sub-Totals** Unselect +
- +
-  *  Step 5: Below is an illustration of the End of Year Bonus Earnings of all employees.  +
- +
-{{:spay:hrmsprocguide:hrms_sps_pd_eyb_leavers_summary.png|}} +
- +
-To facilitate the calculation, you may export the figures to Excel and apply the required calculation/formula to calculate the End of Year Bonus amount of the respective leavers as illustrated below: +
- +
- +
-{{:spay:hrmsprocguide:hrms_sps_pd_eyb_leavers_summary_export3.png|}} +
- +
-{{:spay:hrmsprocguide:hrms_sps_pd_eyb_leavers_summary_excel4.png|}} +
- +
- +
-===== End of Year Bonus Earnings (Detailed) ===== +
- +
-  *  To display the earnings on a monthly basis, set the necessary selection, filtering and grouping as illustrated below: +
- +
-  *          **Year** choose __2019__ activate ON +
- +
-  *          **Month** activate ON +
- +
-  *          **Company** choose __The required company (in the illustration company 02 has been chosen)__ activate ON +
- +
-  *          **Employee** activate ON or you may also Choose an employee +
- +
-  *          **PD Group**  choose __EYB Payable__ activate ON +
- +
-  *          **Detailed** select +
- +
-  *          **Show Sub-Totals** Unselect +
- +
-  *  Below is an illustration of the detailed EYB earnings of a leaver +
- +
-{{:spay:hrmsprocguide:hrms_sps_pd_eyb_leavers_detailed.png|}} +
- +
-To facilitate the calculation, you may export the figures to Excel and apply the required calculation/formula to calculate the End of Year Bonus amount of the respective leavers +
- +
-===== End of Year Bonus (Manual Input) ===== +
- +
-To insert the End of Year Bonus amount per employee you are requested to go through the steps below: +
- +
-  *  Step 1: Go to Payroll +
- +
-  *  Step 2: Click Monthly procedures +
- +
-  *  Step 3: Click **Payments/Deductions** +
- +
-{{:spay:hrmsprocguide:hrms_sps_pd_eyb_leavers_payded.png|}} +
- +
-  *  Step 4: Choose the employee and insert the payment code 100 with the necessary amount as illustrated below +
- +
-  *  Step 5: Click Save +
- +
-{{:spay:hrmsprocguide:hrms_sps_pd_eyb_leavers_payded_100png.png|}}+
 +{{:spay:hrmsprocguide:step_f_and_g.png|}}
 +{{:spay:hrmsprocguide:step_2.png|}}
 +{{:spay:hrmsprocguide:step_criteria_statistics.png|}}
 +{{:spay:hrmsprocguide:step_criteria2_statistics.png|}}
 +{{:spay:hrmsprocguide:step_3_after_statistics_criteria.png|}}

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