The Bonuses KPIs section in the admin portal allows you to effectively manage and distribute bonuses to your employees. This section provides a centralized platform to set up bonus types, configure bonus rules, calculate bonus amounts, and track bonus distributions. KPIs provide targets for teams to shoot for, milestones to gauge progress, and insights that help people across the organization make better decisions.
1. Accessing the Manage Bonuses Section
To access the Manage Bonuses section in the OpenScope ERP SAAS admin portal, follow these steps:
- Open your web browser and enter the URL: https://dev.openscope.in/admin/hr_payroll/manage_bonus
- Log in to your admin account using your credentials.
- Once logged in, you will be directed to the Manage Bonuses section automatically.
2. Bonus Setup and Configuration
In the Manage Bonuses section, you can set up and configure various types of bonuses based on your organization’s policies and objectives. Some common actions you may perform include:
Bonus Types: Define bonus types such as performance bonuses, annual bonuses, referral bonuses, or any other relevant bonus categories.
Bonus Rules: Establish bonus rules and calculations based on factors such as employee performance evaluations, predetermined bonus percentages, or fixed bonus amounts.
Bonus Eligibility: Determine the eligibility criteria for bonuses, such as tenure, performance metrics, or specific milestones.
3. Bonus Calculation and Processing
The Manage Bonuses section allows you to calculate and process bonuses for your employees. Some common actions you may perform include:
Automated Bonus Calculation: Utilize the predefined bonus types and rules to automatically calculate bonuses based on employee performance evaluations or other relevant criteria.
Bonus Adjustments: Make manual adjustments or modifications to bonus calculations, considering special circumstances or individual bonus requirements.
Bonus Processing: Generate bonus statements or reports for employees, outlining the bonus amounts earned within a specific period.
4. Bonus Reports and Analytics
The Manage Bonuses section provides access to various reports and analytics related to employee bonuses. These reports help you monitor bonus expenses, track individual bonus details, analyze bonus trends, and generate bonus-related financial reports.
5. Saving and Applying Changes
After configuring bonus types, setting up bonus rules, or processing bonuses, remember to save the changes to reflect them in the system. Look for the “Save” or “Apply” button at the bottom or top of the Manage Bonuses page to save your changes.
