How To: Apply a salary increase

How To: Apply a salary increase

Here are 4 ways to factor in a salary increase, either company wide or individually.

Option 1 - Company wide

From Settings > Payroll Tables & Options > Bonus tab, apply the wage increase, e.g. 10%, to all wages records by changing bonuses from 100 to 110 for the applicable months.



Option 2 - Specific Record

From the wages record, click Bonuses button. In the bonuses window, apply the wage increase, e.g. 10%, to all wages records by changing bonuses from 100 to 110 for the applicable months.




Option 3 - Individual Employee Group

From the wages record, click Employee Entry. Select the Employee Group and click Bonuses



In the bonuses window, you can either apply the wage increase, e.g. 10%, to all wages records by changing the bonuses [4] from 100 to 110 for the applicable months.
Or you can enter the increased amount in the commission column [5].

    

Then you will need to set the end date of that employee to the end of your financial year and create a new employee with the increases salary.




Option 4 - Record Wide during extent

From Settings > Extent/Amend. Increase the number of years and increase the wages box to the wage increase, e.g. 10%.
Click Ok and the forecast will become 2 years and the wages will have increased by the entered percentage.

        

If you have multiple years, you can use the Amend Later Years tab from the Extent/Amend window to select the specific wages record to increase and by what percentage.


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