2. Definitions:
• In most modern economies the word
“employee” mean a person who works
for a corporation.
• An employee usually has to provide a
resume and have interview before
being offered a job.
• An individual who works part-time or full-
time under a contract of
employment ,and has recognized rights
and duties is your employee.
• Employees are the staff of the
organization, They are hired by an
employer to do a particular job.
EMPLOYEE
GREET COMPANIES NEED GREET PEOPLE
3.
4. Definition:
• It is program or a form that is written and
designed for specific need or purpose.
:Importance
• Any company has a formal system where
employee have to apply for leaves to be
able to qualify as paid leaves.
• Creating leaves application important to
track approval and usage of leaves.
• The applying employee requires to select
their employee record, leaves type and
the period for which the leaves is taken
Leaves application
5. Leaves application features
Define multiple holidays lists
based on
Define and configure
multiple leaves types like
• Location
• department
• process
• Sick leave
• Casual leave
• Maternity leave
6. Payroll period
Definition:
A payroll period is a period for which
employees get paid for their
occupation with the company .
Main features:
• Payroll period helps you define tax
slabs applicable for the period
,making it easier to manage
changing laws.
• It helps you pay your employees
correctly and on time.
• Important in to accounting it allows
you to create wages and tax bills in
clear book accounting.
7. Hourly rate of
pay
$20×80=$1600
Over time
pay
$32.5× 5=$162.5
PAYROLL period EXAMPLE:
WORKERS IS PAID ON AN HOURLY
BASIS
WORKERS IS SALARIED
IF workers earns a $20 hour for
Regular hour and $32.5 for over time
hours you calculate it for two weeks
(40 hour each week).
Employee works 40 hours in first
week and he works 45 hours in the
second week
• An employee's annual salary is
a $40.000 year. You process
payroll 26 time a year .
Wages=$40.000 =$1.538
26
8. Appraisal
Definition:
The act of examining some one or some thing in order to judge their
qualities, success, or need.
• How can you manage employee appraisal :
First:
By creating an appraisal for each role with the parameters that
define the performance by giving appropriate weightage to each
parameter.
9. Then:
create appraisal record for each period where you track performance
and you can give points out of 5 for each parameter and the system will
calculate the overall performance of the employee.
Main features:
• Systematic process of evaluation of an employee.
• Analysis of the the strength and weakness of an employee.
• To find out how well any employee is performing the job.