A Salary Structure is the detailed compensation package an Employee or a Position will be receiving from the company. In here, you can define what are the salary components applicable to a certain employee or position.
Since compensation packages are not the same for all employees, you may define as much Salary Structure as needed. Later on, these can be assigned to the employees as required during payroll processing.
To create a Salary Structure:
5. On the Earning and Deduction section, you can enter the Salary Components that will be included in this Salary Structure. Click on “Add Row” on each table to add a Salary Component. Take note that if there is an Amount defined on the Salary Component, it will be the default Amount once the Salary Component is assigned to a Salary Structure.
6. Once all applicable components have been added, click Save.
7. Click Submit to finalize the creation of the Salary Structure.
For Hourly Rate employees or those salaries that are based on submitted time sheet, follow these steps.
6. Click Save to apply the changes.
7. Click Submit to finalize the creation of the Salary Structure.
Note: Once Salary Structures have been created, it may now be assigned to Employees using the Assign Salary Structure or Assign to Employee buttons.