Question
As an administrator with Global Teams employees, how do I submit a recurring Bonus/Allowance?
Answer
Organisation administrators with Global Teams employees can submit a recurring Bonus/Allowance in a similar way as a regular, one-off Bonus/Allowance.
- Click the Pay menu.
- Click the Bonus/Allowances submenu.
- Click the Create Bonus/Allowance button.
- Complete the following fields:
- Employee.
- Payment type.
- In the One-off or Recurring field and select the Recurring option.
Helpful Hint
Recurring Bonuses and allowances repeat on a monthly cadence until you manually stop the allowance.
- In the Effective Date field, select the month in which you wish the first recurring bonus/allowance to occur.
Helpful Hint
You must submit bonuses and allowances for Global Teams employees before the 5th of each month to include the payment in the month’s payroll. If you are submitting a bonus/allowance after the 5th, you will not be able to select the current month as the effective date.
- Complete the following fields:
- Gross payment amount:
- Payment amount.
- Payment currency.
- Additional details.
Helpful Hint
The gross payment amount is the amount payable to the employee, subject to individual income tax. For clarity, this amount is exclusive of the applicable statutory employer on-costs, including but not limited to; employer/payroll taxes, insurance, and retirement contribution.
- Gross payment amount:
-
Click the confirmation tick boxes at the bottom of the page.
- Click the Save button.
Explore related content
- When do the bonuses/allowances get paid out? This article walks you through the payment process for Global Teams bonuses/allowances.
- When does my expense get reimbursed? This article walks you through the approval and payment process for Global Teams expense reimbursements.