Monthly Salary Employee
The monthly salary is the salary paid to employees on a monthly basis.
The monthly salary system refers to a method of calculating the salary of employees according to their fixed monthly standard salary.
If the company has set some payroll policy and pay items that require employees to complete certain requirements, such as clocking in. That pay item amount for the current month can be calculated, only if the employee has clocked in/out. The employees can obtain the corresponding salary only after they complete the requirements of the rule.
According to the company set on Payroll policy, the employee should be familiar with the rules and regulations, or the company should clarify the policy to their employees.
When there is a fixed work shift and location for employees, but no bonus or pay item setting related to attendance, like attendance bonus.
It can calculate the monthly salary for employees, including basic salary and leave-related items, etc.
When there is a fixed work shift and location for employees, and have bonus or pay item setting related to attendance, like attendance bonus.
The company needs to schedule shifts for employees and ask them to clock in/out. Otherwise, there will be no record of attendance and the calculation of relevant salary.
When there is no fixed work shift and location for employees, and no bonus or pay item setting related to attendance, like attendance bonus.
It can calculate the monthly salary for employees, including basic salary and leave-related items, etc.
When there is a fixed work location for employees, but no fixed work shift and bonus or pay item setting related to attendance, like attendance bonus.
It can calculate the monthly salary for employees, including basic salary and leave-related items, etc.
When there is no fixed work shift for employees, but have fixed work location and bonus or pay item setting related to attendance, like attendance bonus.
It can calculate the monthly salary for employees, including basic salary and leave-related items, etc. But it can't calculate the Attendance-related bonus.
When there is no fixed work location for employees, but have fixed work shifts and bonuses or pay item settings related to attendance, like attendance bonus.
It can calculate the monthly salary for employees, including basic salary and leave-related items, etc. But it can't calculate the Attendance-related bonus.
When there are fixed work shifts for employees, but have no fixed work location and bonuses or pay item settings related to attendance, like attendance bonus.
It can calculate the monthly salary for employees, including basic salary and leave-related items, etc. But it can't calculate the Attendance-related bonus.
When there is no fixed work shift and location for employees, but have bonuses or pay item settings related to attendance, like attendance bonus.
The company needs to schedule shifts for employees and ask them to clock in/out. Otherwise, there will be no record of attendance and the calculation of relevant salary.