Creating Bonus Types

Before you can create bonuses, you need to define the bonus types that your organization uses. For example, you might have merit bonuses, spot bonuses, sign-on bonuses, or holiday bonuses.

If you want to use SuitePeople U.S. Payroll to pay bonuses to employees, you need to associate a bonus type with a payroll item. If some of your employees are included in SuitePeople U.S. Payroll and other employees are not, you should create separate bonus types for Payroll. For example, you might create one bonus type called Spot Bonus - Payroll and another called Spot Bonus.

To create a bonus type:

1. Go to Setup > HR Information System > Bonus Type > New.

2. In the Name field, enter a name for the bonus type. Each bonus type must have a unique name.

3. In the Subsidiary field, select the subsidiary that can use this bonus type.

4. If applicable, in the Payroll Item list, select a payroll item to associate with this bonus type.

   Note:

   You add a payroll item only to bonus types that apply to employees who are included in SuitePeople U.S. Payroll. If some of your employees are included in Payroll, and others are paid with a separate payroll solution, then you should create separate bonus types.

5. Click Save.

Note:

If you are using SuitePeople U.S. Payroll, the payroll item that is associated with the bonus type must be assigned to employees who are eligible for the bonus type. For more information, see Integrating Bonuses with Payroll.

Related Topics

• Compensation Tracking Setup
• Enabling the Compensation Tracking Feature
• Integrating Employees’ Base Pay Information with Payroll
• Integrating Bonuses with Payroll

General Notices