Payroll reports: Variable compensation
Here you can follow up commission, bonus and other variable compensation!
What does variable compensation mean in Kleer? Is it bonus, commission or what do you mean?
This report used to be called the commission report, but it no longer consists only of commission, it also includes bonus, and it is therefore called variable compensation!
How does Kleerâs handling of variable compensation actually work?
Variable compensation is managed in the employment contract. That is where you set whether the employee is entitled to bonus or commission. In these settings you can choose whether the employee or the line manager should fill in the variable compensation in the salary report. From the settings, a heading of its own is created in the salary report called variable compensation, and the amount that is filled in here is what is reported in the report. Even if the employee or the line manager fills in the amount themselves, someone with authorisation rights and payment rights must give final approval of the salary.
Why should you use the report for variable compensation?
The report for variable compensation is based on the gross amounts that were paid out on the salaries during the chosen period. This report shows the variable compensation, commission or bonus, that was reported in the salary report according to Kleerâs settings for handling this type of salary.
What is shown in this report?
This report is similar to the salary statistics, but here only the variable compensation per employee and the associated vacation pay are shown. You choose the period as usual, and the report then shows the employeeâs name, the date of the payroll run that the amount is part of, the description of the item, the project that the commission/bonus belongs to and then the total. This is also summed in total for all employees at the bottom right of the report.
Who can see the report for variable compensation?
Finance managers and permission for payroll
Finance managers and those with the permissions Administer all the payroll and Read all the payroll have access to the report.
Full read access
Users with full read access see all parts of the system, including this report.