How can admin add income/deduction component to employee’s salary structure?

The income/deduction components in an employee's salary structure refer to the various elements that determine the earnings and deductions included in their overall compensation package. 

To add an income/deduction component to an employee’s salary structure, the admin must perform the following actions:

1. From the greytHR Admin portal, navigate to Payroll > Payroll Inputs > Salary. The Salary page appears.
2. From the Search Employee search box, search for the required employee. All the salary-related information of the selected employee is now visible on the Salary page.
3. On the Salary page, under the Component Name table, click the Gross/ Total Deduction component. 
4. On the right side of the screen, click +Add Income Component/-Add Deduction Component. +Add Income Component/-Add Deduction Component pop-up appears.
5. In the Name text box, enter the component name you want to add.
6. Click Save to add the one-time income/deduction component.

Note: The +Add Income Component/ -Add Deduction Component is available only for the users who can edit the salary repository.

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Related Links:

Video- To watch the Employee Salary video, click here.

FAQs- To read more FAQs about the Employee Salary, click here.

Documentation- To read more about the Salary, click here.

Product Update- To read about the product update, click here.