HRStop

How-to

Add or update a pay component in the salary template

Last updated November 30, 2022 · Tushar Agarwal

HRStop lets you, as an admin, add components to a salary template at any time, as required. When you add a component to a salary template, only the employees assigned that template can use the component.

Follow these steps to add a pay component to an existing salary template:

  1. Navigate to Control Panel → Payroll → Salary Template.
  2. On the salary template page, click the edit icon (in the Actions column) of the salary template to which you want to add new components.
  3. The page that opens shows the Salary Template section. Click Next to go to the Pay Components section (to add a new pay component).
  4. Enter the component name and its Value/Percentage, and click the Add icon (+) to add the component (you can add components under Earning/ Deduction/ Statutory Components, depending on the component type).
  5. If you want to add a CTC component, click Next to go to CTC components.
  6. Click Next to Add Taxes (Income Tax, Professional tax, Federal tax, etc.). You can add or delete a tax entry.
  7. Click Next to configure the category of the pay components in the Map components section, and select the categories against the pay components.
  8. Click Next to go to Update Employee Pay Components:
    • If you choose the first option Update pay components value (salary value) with default values for employees under salary template, the system updates the component values for all employees who have been assigned this salary structure (e.g., if you add a component food coupon and assign a value of 300, all the employees get food coupons worth Rs. 300).
    • If you choose the second option Update pay components head for employees under this salary template, the system updates only the component in the salary structure, and you can add the actual value for the component specifically in each employee's salary (e.g., if you add a component food coupon to the salary, what each employee gets under this component is defined in the salary breakup, as it varies from employee to employee).
  9. Click the Next button, then click the Finish button to complete the process.

All changes take effect instantly.