TAKMOSMANUFACTURING OPERATIONS SOFTWARE
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MODULE 09 / 13

Pay & Budget

Pay bands (grades), compa-ratio, pay history and notification, equal pay report, staff budget versus actuals, hourly labour cost.

Pay bandsPay historyStaff budgetEqual pay
Pay & Budget · Pay bands
Pay & Budget · Pay bands
Process

How does the module work?

Pay bands (grades), compa-ratio, pay history and notification, equal pay report, staff budget versus actuals, hourly labour cost.

Bands are definedMinimum, midpoint and maximum per grade
Position is calculatedCompa-ratio and position within the band
ChangePay change with justification
Notification to the employeeWritten notice to the employee
BudgetPlan and actuals
Screens

The module's four main screens

Click the images to enlarge them. All data is fictional.

09.1

Pay bands

Each employee's grade, pay, position within the band and compa-ratio.

  • Below / above band warning
  • Penetration
  • Band policy PDF
Pay bands
Pay bands
09.2

Pay history

All pay changes with justification and approval status; bulk change support.

  • Average increase
  • Pending notifications
  • Notification letter PDF
Pay history
Pay history
09.3

Staff budget

Annual staff budget: department × month plan with minimum wage increase, raise rates and headcount assumptions.

  • Scenario parameters
  • Plan and actuals
  • Cost by department
Staff budget
Staff budget
09.4

Equal pay

Pay differences between employees in the same grade; differences that need explaining are flagged.

  • Difference by grade
  • Median comparison
  • Equal pay report PDF
Equal pay
Equal pay
Document outputs

3 print-ready documents

Document number, revision box and signature fields on every page. Forms fill the A4 page completely; rows not to be filled are shown in grey.

All HR documents →

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