HawkHR enables admin to add the components any time in salary template as per your requirement. You can assign the component in the salary template of the respective employees, only those employees will be able to use the components.
Refer to the following steps to add pay component in existing salary templates:
- Navigate to Control Panel -> Payroll -> SalaryTemplate
- On the salary template page, click on the edit icon (under Actions column) of the salary template in which you want to add new components
- The newly opened page shows the section of Salary Template, click on Next to go to the section of Pay Components (in order to add a pay new component)
- Write the component name and its Value/ Percentage and click Add icon (+) to add the component (you can add the components under Earning/ Deduction/ Statutory Components as per the type of component added)
- If you want to add any CTC component, click on Next to get on CTC components
- Click on Next to Add Taxes (Income Tax, Professional tax, Federal tax, etc), you can add or delete an tax entry
- Click on next to configure the category of the pay components under the section of Map components, select the categories against pay components
- Click on Next to get on Update Employee Pay Components
- If you choose the first option Update pay components value (salary value) with default values for employees under salary template, the system will update the component values for all the employees who have been assigned with this salary structure (E.g.- if you add a component food coupon and assign a value of 300, all the employee will get food coupons worth Rs. 300 )
- If you choose the second option Update pay components head for employees under this salary template, the system will update only the component in salary structure using this option, the actual value for the component can be specifically added in the employee's salary (E.g.- if you add a component food coupon in the salary, but what the employee will specifically get under this component will be defined in salary breakup, as it varies from employee to employee)
- Click on Next button, click on Finish button to finish the process
All the changes will be made instantly.