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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|}} |
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| - | * Step 1: Go to Payroll | + | |
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| - | * Step 2: Click Statistics | + | |
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| - | * Step 3: Click **Payments & Deductions** | + | |
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| - | {{:spay:hrmsprocguide:hrms_statistics.png|}} | + | |
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| - | ===== End of Year Bonus Earnings (Summary) ===== | + | |
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| - | * Step 4: Set the necessary selection, filtering and grouping as illustrated below: | + | |
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| - | * **Year** choose __2019__ activate ON | + | |
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| - | * **Company** choose __The required company (in the illustration company 02 has been chosen)__ activate ON | + | |
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| - | * **Employee** activate ON | + | |
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| - | * **PD Group** choose __EYB Payable__ activate ON | + | |
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| - | * **Summary** select | + | |
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| - | * **Show Sub-Totals** Unselect | + | |
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| - | * Step 5: Below is an illustration of the End of Year Bonus Earnings of all employees. | + | |
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| - | {{:spay:hrmsprocguide:hrms_sps_pd_eyb_leavers_summary.png|}} | + | |
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| - | 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: | + | |
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| - | {{:spay:hrmsprocguide:hrms_sps_pd_eyb_leavers_summary_export3.png|}} | + | |
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| - | {{:spay:hrmsprocguide:hrms_sps_pd_eyb_leavers_summary_excel4.png|}} | + | |
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| - | ===== End of Year Bonus Earnings (Detailed) ===== | + | |
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| - | * To display the earnings on a monthly basis, set the necessary selection, filtering and grouping as illustrated below: | + | |
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| - | * **Year** choose __2019__ activate ON | + | |
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| - | * **Month** activate ON | + | |
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| - | * **Company** choose __The required company (in the illustration company 02 has been chosen)__ activate ON | + | |
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| - | * **Employee** activate ON or you may also Choose an employee | + | |
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| - | * **PD Group** choose __EYB Payable__ activate ON | + | |
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| - | * **Detailed** select | + | |
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| - | * **Show Sub-Totals** Unselect | + | |
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| - | * Below is an illustration of the detailed EYB earnings of a leaver | + | |
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| - | {{:spay:hrmsprocguide:hrms_sps_pd_eyb_leavers_detailed.png|}} | + | |
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| - | 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 | + | |
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| - | ===== End of Year Bonus (Manual Input) ===== | + | |
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| - | To insert the End of Year Bonus amount per employee you are requested to go through the steps below: | + | |
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| - | * Step 1: Go to Payroll | + | |
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| - | * Step 2: Click Monthly procedures | + | |
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| - | * Step 3: Click **Payments/Deductions** | + | |
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| - | {{:spay:hrmsprocguide:hrms_sps_pd_eyb_leavers_payded.png|}} | + | |
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| - | * Step 4: Choose the employee and insert the payment code 100 with the necessary amount as illustrated below | + | |
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| - | * Step 5: Click Save | + | |
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| - | {{: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|}} | ||