The Benefits of Implementing Gratuity Calculator in an Organization

 

Human resource is important to any organization and to keep them happy and upbeat is the job of the HRD and if the HR department is busy in calculating payroll, and salary-related work then takes a hit on the overall health of the organization.

By saving time the HR is now more dedicated to other core areas of HR like recruitment, appraisal, employee motivation programs and other productive activities.

Relax with our Gratuity Calculator

Gratuity Calculator has taken the burden off the HR shoulders and made Gratuity a very easy task and "anybody can do" task. Gratuity Calculator many times also referred to as End of services funds calculator, It only helps in calculating Gratuity tasks and they give you 100% accurate results.

These reports help in determining the Gratuity outgo department wise/ branch wise/ employee type-wise etc.

Leave records are mandatory to be kept as per government regulation and for this employer needs to maintain leave records for each employee on an annual basis and for each employee in the organization on a monthly basis.

On top of this leave, encashment is to be done on the payable days monthly or annually.

These activities drain out HR's energy and the HR takes a lot of time to do these non-intelligent and non-productive tasks manually. And when you meet your department HR they say I have no time to calculate your gratuity so that is why a good Gratuity Calculator helps you to check your own gratuity.

it will automatically Calculate Gratuity in each employee and generate an End-of-Services report as per rules and thus HR's time is saved.

Features of Gratuity Calculator

With the advent of based calculators online Gratuity, The calculator has made the job of HR very simple. The employees now don't have to necessarily depend on the HR for End-of-Services Funds slip.

The employee himself can visit the Gratuity Calculator UAE and also check the reinvents who are working in the UAE. Moreover, an employee can get a feasibility study in Dubai when they want to start a new business in UAE.

This has made the organization Virtual Accountants LLC and decreased the friction between Companies and employees. A complex gratuity calculator also generates provisioning reports on various factors like gratuity provisioning, on leave encashment, salary increment etc.

One can also implement complex formulas in the gratuity Calculator, including conditional formulas. Say for example, if an organization wants to don't give end-of-service funds to employees.

say that he/she is doing a lot of absences, gratuity bonuses are not right for these employees, so we want to read the labour law in UAE.

Similarly, if late coming charges are to be deducted from the employee salary, then it can be made simple by providing late mark data from attendance and implementing a conditional formula.

How to calculate gratuity in UAE?

Virtual Accountants is introducing a Gratuity calculator in UAE. where our employee's brother and sister easily check his gratuity (end-of-services) funds.