How can I update an employee’s salary?

Salary is a fixed amount of money employers pay to employees regularly in exchange for their services or work.

To update an employee’s salary, perform the following actions:

1. Login to your greytHR admin portal, and then navigate to Payroll > Payroll Inputs > Salary. The Salary page appears.
2. From the Search Employee search box, search for the employee whose salary information you want to update. All the salary-related information of the selected employee is now visible on the Salary page.
3. On the Salary page, click Update Salary. The Salary Revision page appears.
4. On the Salary Revision page, click Add New Revision.
5. Based on your organization's salary structure configuration, you can view multiple editable components such as Annual CTC and HRA. For example, specify the amount in Annual CTC under the Revised Salary or Revision% column. You can also update different Salary Items individually based on the defined structure.
6. From the Effective From calendar, select the Effective From date. Effective From is the date from which updated salary is effective. Adding the date helps the system to compute arrears if any.
7. From the Payout Month list, select the month. Payout Month is the month in which the updated salary is paid to the employee.
8. In the Employee Remarks text box, specify the remarks for the employee i. 
9. In the Notes box, specify the note for future purposes. The Notes are confidential and visible only to the admin.
10. Click Save to process the updated salary.

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Related Links:

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

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

Documentation- To learn more about Employee Salary, click here.

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