Pay & money
Compensation & Salary Revision
Manage salary structures, increments and revisions with effective dating and approval before payroll sees them.
What it does
- Salary structures by grade or designation
- Increment cycles and one-off revisions
- Effective-dated changes
- Approval before payroll picks the change up
Questions about compensation & salary revision
Are salary revisions effective-dated?
Yes. Every revision carries an effective date and needs approval, so payroll applies it from the right month and the history of what was paid stays intact.