Payee Template

Synopsis

As an employer, you must pay your employees.

Description

Salary structures are an important component of effective compensation programs and help ensure that pay levels for groups of jobs are competitive externally and equitable internally. A well designed salary structure allows management to reward performance and skills development while controlling overall base salary cost by providing a cap on the range paid for particular jobs or locations.

Payment Templates offer a way to pay up to 10 payees in one process. Once you setup a Payment Template, you can use that Payment Template to make multiple payments. Once you have a template saved you can select it to populate your payments without needing to add the details for each payment individually.