Bonus Management Module in HR360+

Overview of Bonus Management in HR360+

Rewarding employees fairly and on time is one of the biggest drivers of motivation and retention. But managing bonuses manually often leads to errors, delays, and unhappy employees.

The Bonus Management Module in HR360+ solves this by offering a smart, automated, and transparent solution for calculating and managing employee bonuses. With built-in payroll and SAP integration, HR teams can define policies, calculate payouts, and process bonuses without errors.

Bonus Management

Core Functions of Bonus Module

Employee Bonus Calculation

  • Automates calculation of bonuses based on salary structure, performance, or policies.

  • Supports multiple bonus categories like performance, festival, or retention bonuses.
  • Eliminates human error and ensures accuracy & fairness.
View and Post Employee Bonus

  • HR/Admin can review bonuses before approval.

  • Seamless posting into SAP for financial accuracy.
  • Generates audit-ready reports for compliance and management.

What is Bonus Management in HR360+

The Bonus Module is designed to simplify how companies manage employee incentives. Whether it’s a yearly bonus, performance-based reward, or festival incentive, HR360+ ensures calculations are accurate, fair, and compliant with company policies and labor laws.

This helps businesses to boost employee morale, build trust, and save time while ensuring every payout is smooth and on time.

Key Features of HR360+ Bonus Management

  • Automated & accurate bonus calculations

  • Flexible rules for multiple bonus types

  • Payroll & SAP integration for seamless payouts

  • Transparent reporting for employees and management

  • Audit-ready compliance reports

  • Scalable for SMBs and enterprises

  • Reduces HR manual effort & errors

  • Enhances employee satisfaction and motivation

Bonus Management

Types of Bonuses HR360+ Can Manage

Bonuses HR360+ Can Manage

  • Annual Bonus – Based on company performance or statutory requirements.

  • Performance Bonus – Reward employees who exceed performance goals.
  • Festival Bonus – Celebrate Diwali, Christmas, Eid, or other cultural occasions.
  • Joining Bonus – Attract top talent with instant joining incentives.
  • Retention Bonus – Encourage key employees to stay long-term.
  • Special Incentives – Customizable bonuses for projects, sales targets, or achievements.