Allowance pertains to the amount of money allotted by companies to its employees at a regular interval for a specific purpose. In the Philippine Employment System, employers have the liberty to provide as many allowances as they can to entice applicants and of course, control and maintain a low attrition rate within the company.
If you are new to the system, did you know that Sprout HR allows users to document allowances on the Employee Profiles? Here’s an article to know more.
However, please note that allowances indicated in Sprout HR do not sync in Sprout Payroll, and they will also not be considered in salary computation. Basically, Sprout HR stores the data for record purposes only.
But no worries, the allowances can be uploaded in Sprout Payroll for it to be added to the salaries of the employees, in fact, there are two different ways to do this!
Continue reading this article to know more!
- One-time adjustments: This can be done if the allowances will be given to the employees on a one-time basis only.
- Recurring adjustments: This can be done if the allowances will be given to the employee per-cut off.
Related articles:
How to Set Up a One-Time Adjustment for a Specific Employee
How to Set Up a One-Time Adjustment using Mass Upload (Excel File)
How to Setup Recurring Adjustments for a Specific Employee
Loans and Recurring Adjustments
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