Employee compensation payable refers to the total amount of money that an organisation has to pay to employees. This includes salaries, wages, bonuses, and any other forms of financial remuneration. Employees compensation is crucial as it directly impacts the financial well-being of the workforce.
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Employee compensation
Compensation Made Simple & Better
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Welcome stress-free days with our employee compensation system!
We manage employee compensation like no one else!
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Salary report
Gain insights into the total compensation in the salary report. Check all employee data easily in that.
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Compensation analytics
Acquire compensation analytics, reports, and insights for better planning of employee compensation.
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Visual presentation
Check the visual presentation of all employee compensation with different kinds of graphs.
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Compensation history
View compensation data of all employees in one place. Check the payroll history to know employee compensation.
Gain insights into the total compensation in the salary report. Check all employee data easily in that.
Acquire compensation analytics, reports, and insights for better planning of employee compensation.
Check the visual presentation of all employee compensation with different kinds of graphs.
View compensation data of all employees in one place. Check the payroll history to know employee compensation.
Find every employee's compensation data in the payroll report
Easily access comprehensive employee compensation data for every employee in the salary report. This feature ensures you have all the necessary information to manage salaries effectively. , making financial planning and decision-making seamless.
View detailed compensation breakdowns
Analyze historical and current salary data
Download and mail the salary slip
Compare compensation cost with various options
Effortlessly compare compensation costs with various options. It ensures optimal financial management. This feature allows you to compare a maximum of 3 departments allowed for compensation.
Analyze and compare various compensation
Compare with location, department, and timewise
Optimize your compensation strategy
Get the employee compensation list from the HRMS menu
Easily access the employee compensation list directly from the HRMS menu. This feature compensation management software provides a comprehensive view of all employees' salaries and other components.
Quickly retrieve up-to-date compensation details
Have conversations with employees regarding that
Filter the list with the desired date and year
Check the employee compensation data from HRMS
Easily check employee compensation data directly from the HRMS employee profile. This compensation planning tool feature provides a centralized, comprehensive view of salary information.
Employees can access up-to-date compensation details
View salary, and salary components directly
Add compensation from the employee profile
Super Payroll- An intelligent system streamlining employee compensation in clicks.
Simplified employee compensation for 5000+ HRs
All we do is fulfil every payroll need, small or big!
Rahul M.
Talent Acquisition Specialist
Working with Excel sheet and Google docs was super frustrating for us. After getting Superworks, we easily do the business operations. It excels in its user-friendly interface.
Komal J.
Human Resources Executive
After a comprehensive assessment, I must commend Super work's HRMS system. It seamlessly integrates various functionalities, elevates user experience, and notably amplifies organizational efficiency.
Jignesh K
CEO
I like Payroll, PMS, and Chat and the most amazing thing is that all of these are connected with each other so you don't have to manage everything separately with different software.
Mahendra B.
Game Project Manager
Comprehensive Solutions: It's offers a wide array of tools and features, covering internal communication, project management, HR management, payroll, and recruiter management.
Laxmi C.
Human Resources Specialist
Superworks help me to manage my daily task,I feel this is very useful and easy to use,I will definitely recommend this to my contact. I am satisfied with all the features.
Hardik V
Android Developer
PMS, HRMS can be integrated with chatting app so no need to login from website and everything can be handled from one app.
Paresh B.
Open Source Architect
The best thing I like about SuperWorks is that it has every feature that we need to run our company. Starting from recruitment to hiring to employee management, attendance, payroll.
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Human Resources Executive
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CTO
UBS is the best and most effective tool to manage our company infrastructures like HRMS, PMS, Chat, and payrolls and increase our productivity too. We have been happy customers.
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Mid-Market
I have been using Superworks for some months, but I can say it is the interface is very easy to use for my employees. It has everything we need for managing employee documents.
Twinkle G.
Human Resources Manager
One of the most valuable features of a good HRMS system is its ability to integrate various functions into a single platform. Additionally so many things are like- centralised data management.
Alpeshkumar G
Engineering Lead
Integration between PMS, Payroll, Time tracking and financial reporting are superb.
Manish C.
Information Technology
As a project manager, I always wanted to manage my all tasks effortlessly. However, it was very messy before we considered Superworks. I have used multiple tools and right now.
Neeraj S.
Chief Executive Officer
Superworks' Core HR module simplifies our employee management processes. From creating and maintaining employee profiles to managing critical documents and policies.
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FAQs
What is employee compensation payable?
What is meant by the compensation of employees?
The compensation of employees encompasses all forms of financial returns that employees receive as part of their employment. Employee compensation can be understood as the total net payable and reward package, including base salary, bonuses, benefits, and any other perks offered by the employer.
What are the components of employee compensation?
The components of employee compensation typically include:
- Base salary,
- Bonuses,
- Overtime pay,
- Commissions,
- Stock options,
- Health insurance,
- Retirement benefits,
- and other perks.
Understanding the various employee compensation components is essential for both employers and employees to ensure fair and competitive remuneration.
What is the type of compensation?
There are several types of compensation that organisations may offer, including direct financial compensation (such as net payable and bonuses), indirect financial compensation (such as benefits and perks), and non-financial compensation as well.
How to calculate compensation of employees?
To calculate the compensation of employees, you need to consider all components of employee compensation such as base salary, overtime, bonuses, and benefits. The calculation involves summing up these elements to determine the total employees compensation payable. Calculate them easily by using Superworks payroll software.
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