Award-BagdesWEBINAR 2024Attend Document Module & Digital Signature Webinar on October 23 and Simplify Document Workflows!

webinar Banner section

Book a Demo
×

Book a free demo

Talk to our expert and know how it will work in your system

More than 200+ companies trusted us

DP World kaapro stellar decodeup appstonelab refrens IBL momatos pro-Connect. servomax acme
DP World kaapro stellar decodeup appstonelab refrens IBL momatos pro-Connect. servomax acme
DP World kaapro stellar decodeup appstonelab refrens IBL momatos pro-Connect. servomax acme

Transform your bonus distribution: make it more efficient and effortless!

Ensure 100% stress-free statutory bonus calculation with us!

  • Avail Monthly Bonus

    Avail Monthly Bonus

    Easily deposit monthly bonus directly in the employee account from the company's account and ensure a seamless and hassle-free transfer at lightening speed- employee bonus calculation simplified!

  • Check Bonus Status

    Check Bonus Status

    Monitor status of bonuses with ease using intuitive platform & stay updated with bonus allocations in real-time. With user-friendly dashboards & detailed reports, track the distribution of bonuses

  • Multiple month bonus

    Multiple month bonus

    Save valuable time and effort by automating the process of consistent monthly bonus distribution according to your preferred timeline. Adjust amounts accordingly- Schedule distribution with 0% possibility of error!

  • Special Bonus Settings

    Special Bonus Settings

    You can provide a special bonus for employees who are present for a full month to promote a culture of reliability and dedication within your organization. Exception reward for exceptional commitment!

Avail Monthly Bonus

Easily deposit monthly bonus directly in the employee account from the company's account and ensure a seamless and hassle-free transfer at lightening speed- employee bonus calculation simplified!

Check Bonus Status

Monitor status of bonuses with ease using intuitive platform & stay updated with bonus allocations in real-time. With user-friendly dashboards & detailed reports, track the distribution of bonuses

Multiple month bonus

Save valuable time and effort by automating the process of consistent monthly bonus distribution according to your preferred timeline. Adjust amounts accordingly- Schedule distribution with 0% possibility of error!

Special Bonus Settings

You can provide a special bonus for employees who are present for a full month to promote a culture of reliability and dedication within your organization. Exception reward for exceptional commitment!

hrms
bonus allocation to ensure transparency
bonus should be taxable
bonus in EPF contributions
 bonus in ESI contributions

Add a reason for the bonus allocation to ensure transparency.

Here you can easily maintain clear documentation and justify the bonus allocation. The 'Add Reason' feature supports a culture of fairness and clarity, allowing you to track and understand the reasons behind each bonus given, as it can be provided for different reasons.

Yellow Right Icon

Outstanding performance

Yellow Right Icon

Helps achieve specific targets

Yellow Right Icon

Or any other criteria

You are free to decide if the bonus should be taxable or not!

This option allows you to classify statutory bonus eligibility as per all relevant tax regulations effortlessly. You are to Use the statutory bonus calculator to determine the taxable amount accurately. By clearly defining whether a bonus is taxable, you can plan your finances for both company & employees.

Yellow Right Icon

Simplify tax filing

Yellow Right Icon

Maintain transparency

Yellow Right Icon

Avoid potential legal issues

It's your choice to include the bonus in EPF contributions or not!

Ensure full compliance with the EPF rules and regulations. Just so you can maintain accurate records and may provide additional benefits to employees. You just have to select or unselect it at your and your employees' convenience. It simply shows your commitment to their financial well-being.

Yellow Right Icon

It encourages employees

Yellow Right Icon

Makes a reliable payroll system

Yellow Right Icon

And build trust

Include or not the bonus in ESI contributions.

This ensures that all employee earnings, including statutory bonus calculation, are accounted for in the Employees' State Insurance (ESI) scheme. By incorporating bonuses into ESI contributions, you maintain adherence to statutory ESI requirements and provide comprehensive social security coverage for your employees.

Yellow Right Icon

Timely employee compensation

Yellow Right Icon

Reflects accurate payments

Yellow Right Icon

Promotes fairness

hrms

Statutory Bonus Calculator

hrms

Statutory Bonus is extra profit, so calculate & save it!

Statutory Bonus Calculator

Keep Bonus In Check

Effortlessly handle your Statutory Bonus Calculation with Superworks

Transform your bonus distribution with Payroll Experts

Transparent Salary Documentation for Calculation

Choose whether to display the bonus as an 'ADDITIONAL' component in the salary slip.

Transparent Salary Documentation

Simplify Bonus Distribution Process Efficiently

Set a default bonus amount for streamlined calculations & speed up Statutory Bonus Calculation.

Simplify Bonus Distribution Process Efficiently

Set Bonus Range - Customize as Per Policy.

Create a structured & transparent bonus allocation process that motivates employees

Set Bonus Range

Avail Different Types of Bonus.

Implement different bonus types and foster employee satisfaction & retention

Avail Different Types of Bonus
payroll menu

Reward your team effortlessly with the advanced bonus features of Super Payroll!

Look how our software has helped 200+ needed HRs!

Choose the best payroll software to Boost Employee Morale!

hrms

Blogs

We are here to help you find a solution that suits your business need.

FAQs

How bonus is calculated in salary?
How to calculate bonus percentage?
What is the formula to calculate bonus?
What are the rules for bonus?