How do I configure the Company Sick Pay component?

How do I configure the Company Sick Pay component?

The Company Sick Pay component needs to be configured on company level before it can be added to employee profiles.

Step 1: Search for and create the Company Sick Pay component.

      Navigate > Configuration > Payroll > Payroll Config > Payroll Components

      
      

      

Step 2: Specify the income base accumulation as per company requirements.

      

      
      
Note!
      A different payslip name may be specified as required by entering the new payslip name in the "Payslip name" field.

Step 3: Add the component to the Allowances section on the employee's Recurring Payroll Components or Edit Payslip screen. 
  1. When the component is added on the Recurring Payroll Components screen, the value inserted will reflect on the employees payslip automatically for each respective period.
  2. When the component is processed on the Edit Payslip screen, the component will reflect as a once off on the respective payslip where the total amount may be specified.
      Navigate > Employee > Payroll Processing > Edit Payslip > Allowance

      

    • Related Articles

    • How do I configure the Company Paternity Pay component?

      The Company Paternity Pay component needs to be configured on company level before it can be added to employee profiles. Step 1: Search for and create the Company Paternity Pay component. Navigate > Configuration > Payroll > Payroll Config > Payroll ...

    • The Payroll Components screen

      Overview The Company Payroll Components screen stores a library of payslip actions a company requires on employee level. This includes automatic components (that will automatically populate/calculate on the Edit Payslip screen every period), and ...

    • Payroll Components | Editing a Component

      Overview Payroll Components may be edited or reconfigured by selecting the "Edit" hyperlink on the right hand side of the applicable component, which will open a screen with numerous options. Edition This feature is available on all PaySpace ...

    • How do I configure the Company Shared Parental Pay component?

      The Company Shared Parental Pay component needs to be configured on company level before it can be added to employee profiles. Step 1: Search for and create the Company Shared Parental Pay component. Navigate > Configuration > Payroll > Payroll ...

    • How do I configure the Company Adoption Pay component?

      The Company Adoption Pay component needs to be configured on company level before it can be added to employee profiles. Step 1: Search for and create the Company Adoption Pay component. Navigate > Configuration > Payroll > Payroll Config > Payroll ...