Compensation is a critical and
essential process in every organization. As an organization grows, compensation
update becomes tedious, time consuming and often error prone, during salary processing.
CEM has got this ‘Compensation mass update’ functionality in
its HR add-on for Dynamics AX.
Features of this module:
- Identify the department
- Type of compensation
- Applicable date
- Retro computation
Compensation Mass Update module enables Payroll department with a quick and
easy way to mass update employees’ salaries.
Once the compensation change is approved, the module will
automatically push this update to the worker profile and consequentially
payroll. No manual updates are to be done by the HR or Payroll departments.
These review and updates can be done on an individual, department, division, or
all employee level.
When using Compensation Mass Update the security and setup of
the module will be set that a department or division manager will only see
their own subordinates. The subordinates will be listed with their current
salary as well as the date this salary was issued and what type of plan it is.
From here a manager can choose to increase their employee’s
salary by a flat amount or a percentage. They may even leave certain member of
the team with no increase. The system will then calculate the new salary.
Once all the employees are reviewed this compensation update
can go through a workflow. This workflow is completely customizable and can
have as many people as the organization wishes. This will ensure that all the
workers increase as appropriately discussed and approved.
Once the compensation update has been approved, it will push
the new rates to each workers profile. When the next payroll is run it will
take these new rates.
The final feature of the Compensation Mass Update module is
the Employee Action document. Once
the compensation update has been approved a manager can come back to the module
and select employee action for an employee.
This will launch a document with the employee’s details as
well as describing the rate change. If a company so desires this can be printed
and presented to the employee to get a signed acknowledgement of the rate
That’s it for the CEM Compensation Mass Update Module. Have a
For further details visit www.cembs.com or write to email@example.com.