Can I schedule variable pay salary components in Zoho Payroll?
Note: This feature is only available in early access. Contact email@example.com to get access for your organisation.
Yes, you can schedule variable pay salary components in Zoho Payroll using the One Time Scheduled Earning feature. This allows you to schedule one-time payments for unique incentives, bonuses, and variable payments to be disbursed in any upcoming payrolls.
To schedule earnings for your employees, you will have to mark the earnings in your salary components as a scheduled earning. Here’s how:
- Go to Settings in the top right corner and select Salary Components.
- Switch to the Earnings tab.
- Select an Earning with Variable as the Calculation Type.
- Under Other Configurations, select This is a scheduled earning.
Pro-tip: Select the Make this earning a part of the employee’s salary structure option under Other Configurations if you want this scheduled earning to be a part of the salary structure of employees.
- Click Save.
Note: You will not be able to schedule earnings for which the calculation type is fixed.
Once you mark an earning as scheduled, you will be able to schedule the earning to be paid on the month of your choice in the employees’ salary details page.