VOLT PAY
VOLT PAY is a solution for all aspects of your salary cycles.
VOLT PAY is the system to manage:
- Tax definitions (Reliefs and Tiers)
- Employment types, their benefits and how to deal with them.
- Employment/Salary grades.
- Vacation/Leave Management.
- Allowances/Deductions types.
- Policies for dealing with delays.
- How to calculate end of service.
- Defining benefit payments (Payments paid on behalf of the employee) and handling the taxes for these payments.
- How to deal with overtime.
- Bonuses and commissions.
- Employee personal information.
- Automatic calculation of tax, social security and all transactions that affect salary.
- Integration with VOLT ATTENDANCE for
- Overtime and Delay calculation.
- Automatic recognition of weekends and public holidays that are defined in the attendance system when calculating overtime.
- Integrate with ERP systems.
- Advanced features that exist in VOLT PAY and can be removed to reduce cost
- How to deal with additional salary months.
- Policies for loans to employees.
- Business Travel Module.
- Defining unlimited number of business travel policies
- Payment can be of the same or different currency as employee salary.
- Definition of Travel tickets, hotel, Transportation, and per diem payments.
- Saving schemes.
- Health insurance
- Defining one or more insurance schemes.
- Dealing with one or more insurance company.
- Defining how to deal with beneficiaries and their dependents.
- Define employee and company contribution levels.
Empowering Human Capital
Empowering Success
Empowering Success
