HawkHR enables admin to Calculate CTC using the CTC calculator. You can enable the CTC calculator and then refer the steps below to calculate the CTC of the employee considering the formulae configured:
Navigate to: Control panel -> Payroll -> Employee salary
Click on the edit option against the employee and a new page opens up showing fields for calculating CTC
Enter the monthly CTC value for the employee and click on the button Calculate CTC, the employee salary as per the formulae will get mapped.
Select the option (Variable/ Fixed) and enter the respective value
Click on Update button to save the CTC of the employee.
All the changes will be made instantly.