Hungary, Hong Kong or Honolulu: As staff jet off around the world, have you got a holiday pay solution?
Updated 7th July 2022 | 2 min read Published 14th November 2019
Hungary, Hong Kong or Honolulu: As staff jet off around the world, have you got a holiday pay solution?
Your employees are probably travelling to all kinds of far flung places around the world as part of the annual leave you provide them in their staff benefits.
But no matter whether they are holidaying in Hungary, Hong Kong, or Honolulu, there are tasks and obligations you have to cover as part of your payroll administration.
Have you got a holiday pay solution to cover your company’s requirements?
Does it ensure your staff’s annual leave is correctly, quickly, and efficiently totted up and accounted for in their payslips?
We constantly ask our customers what they want to see improved in KashFlow Payroll and the main message has been unmistakeable.
You asked for a complete holiday pay solution, so we’re delighted to be introducing the new KashFlow Payroll Holiday Module, released today (14 November).
Catering for all types of holiday pay, whether they have an allowance or accrue holiday over time, the software automatically calculates and adds holiday pay onto each employee’s payslip where required.
The holiday pay module does just what you need it to, including tracking employees’ holiday taken and holiday remaining, holiday allowances and holiday accrued in both time or money (where applicable). Enter a Holiday Pay Rate or an Accrual Percentage and we’ll do the calculations for you.
You can configure a holiday day pay system that works company-wide for all employees, as well as personalising it where individuals are contracted on different terms.
As an employer, you can generate two different reports - Employee Holiday Details and Absence (Holidays). These will provide you with an overall view of your employees’ holidays, filtered within a specified timeframe.
The KashFlow Holiday Pay Module contains the following features and benefits:
- Automatically calculates and pays holiday pay based on calendar entries
- Caters for accrual style holidays
- Covers hourly, daily and weekly holiday pay
- Allows employers to reset holiday schemes at any point throughout the year
- Employer can choose which pay period they want the holiday pay to be paid in
- Holiday pay can still be manually added to a payslip
There are many more brilliant benefits waiting to be discovered.
Sound appealing? Then take a break of your own and find out more by signing up for a trial of KashFlow Payroll.
For a full lowdown of the features and to learn how to use all of them, we’d encourage you to visit Knowledge Base here.
Want to discover more? Let one of our team call you by registering your interest here.