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How to pay salary many times a month?
How to pay salary many times a month?

In HongKong, most companies pay salary once a month. But some companies pay salaries many times a month. So, how does Workstem help them ?

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Written by Workstem CS
Updated over a week ago

Scene 1: Pay commission on the 15th and pay basic salary on the 25th

A trading company has a large number of departments and employees, and it cannot count the commissions of employees before the pay date. Therefore, it is necessary to issue commissions on the 15th and basic salary on the 25th.

Here are main setting steps:

First Pay - Commission

Step 1

Enter [Payroll] >[Pay run], choose One-time Pay Run and fill the Basic Information

Because all employees need to be paid commissions in this case, so select the "Salaried employees under this pay rule" under the Employees included in this pay run section. Besides, in Advanced Settings, only check for Variable Pay Items.

Step 2

Click on [Next], and the current amount is 0.

Step 3

Enter [Payroll] > [Variable Salary Data], add or import staff’s commission amount and back to Pay Run and view the new one-time pay run.

Step 4

Back to [Pay Run], View the new One-time Pay Run and click on Recalculate. After confirming the correct amount was input, choose [Next] >[Submit] > [Pay].

Second Pay - Basic Salary

Step 1

Enter [Payroll] > [Pay Run] > [+ New], add new pay run and fill in Basic Information.

Step 2

Click [Recalculate] > [Submit] > [Pay]

Notice ⚠️

When calculating the MPF income amount, the system will calculate both 2 pay runs per month.

Now you can achieve salary payments twice a month.

Scene 2: Pay wages once a week

Some industries with a high turnover rate, such as catering companies, need to pay weekly wages, and Workstem also supports that.

Step 1

Enter [Payroll] > [Settings] > [Payroll Policy], click on [+ New] to add a new payroll policy and select Weekly payroll for Pay Period, then Save.

Notice ⚠️

If you want to change the current payroll policy to weekly salary, just Edit it directly.

Step 2

Enter [Pay Run], select the Payroll Policy, and the system will generate a list of Frequency automatically.

Notice ⚠️

When calculating MPF income, the system will generate it on the basis of the whole month.

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