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Statutory Compliances

Compliance with minimum wage laws is essential for businesses to uphold fair labor practices and avoid legal consequences. Here are key points related to minimum wage laws

Minimum Wage Laws

1. Option to maintain and implement State wise Minimum Wages as applicable from time to time.
2. Manage Employee Provident Fund (EPF), ESI, LLabour Welfare Fund (LWF). You can generate challan and keep month-wise ledger of employees.

Overtime Pay

• Identify employees who are eligible for overtime pay as exempt or non-exempt status, as per specific labor laws or collective bargaining agreements.
• Ensure accurate tracking of work hours and appropriate compensation for overtime
• Calculate overtime pay based on the applicable rates. Multiple Over Time slab can be setup as per requirement

Bonus, Incentive, Gratuity

Customizable Calculation and disbursement of Bonus, Incentive and gratuity etc as per law and company policy.

Compliance Reports

EPF/ ESI/LWF/ TDS etc as per the latest regulations.

Mobile Accessibility

Welcome to our Mobile Accessibility features, allowing you to manage tasks, approvals, and employee self-service seamlessly from the mobile devices.

  1. User-Friendly Interface: Employees can navigate the self-service portal with ease, promoting widespread adoption and reducing the learning curve.
  2. Enhanced Transparency:
  3. Provide employees with transparent access to their attendance records, leave balances, and work schedules. This transparency fosters trust and accountability within the workforce.
  4. Time Savings: Reduce the administrative workload by allowing employees to manage routine tasks independently. This feature frees up HR and administrative resources, enabling them to focus on more strategic initiatives.
  5. Empowered Workforce: Empower employees to take control of their work-related tasks, fostering a sense of ownership and responsibility. Self-service tools contribute to an empowered and engaged workforce.
  6. Improved Communication: Facilitate improved communication between employees and management through real-time notifications and alerts. This feature ensures that important information is communicated promptly and effectively.
  7. Notifications and Alerts: keep employees informed about the status of their leave requests, upcoming schedules, and any changes to their attendance records.
  8. Customizable Reports for Attendance, Leave, Payroll, Loan, Advance, Expenses, Taxes, clock-ins, clock-outs, breaks, and any exceptions or deviations from established policies and More

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ThirdEye Payroll Software offers a comprehensive solution designed to simplify and streamline your payroll processes, ensuring accuracy, compliance, and time savings.

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