Custom Salary Structures
Design CTC packages your way. Configure earnings, deductions, and formulas with total flexibility.
Compensation Design
Trusted for compensation planning
Unlimited Flexibility
Your compensation strategy is unique. Whether you pay internet allowances, performance bonuses, or shift differentials, Kiework adapts to your structure.
Component Builder
Create unlimited earning and deduction heads (e.g., "Remote Work Allowance", "Gym Reimbursement").
Formula-Based Calculation
Define formulas like "HRA = 40% of Basic". The system auto-calculates values when CTC changes.
Variable Pay
Easily handle variable components like sales commissions or performance incentives in monthly inputs.
Designing the Perfect Pay Structure
A salary structure is more than just a number; it's a strategic tool for talent attraction and tax efficiency. A rigid payroll system that forces you into a generic "Basic + HRA" template can hurt your competitiveness. Kiework offers an infinite canvas for structuring compensation, allowing you to design CTC packages that maximize take-home pay while minimizing tax liability for your employees.
The Art of Tax-Efficient CTC
Modern employees are financially savvy. They look for components like Food Coupons, LTA (Leave Travel Allowance), Fuel Reimbursements, and NPS (National Pension System) contributions to lower their taxable income. Kiework’s Flexible Benefit Plan (FBP) module allows you to offer these components. Employees can even choose how they want to structure their own basket of allowances within the limits you define, giving them a sense of control over their finances.
Handling Complex Logic
Salary components often have dependencies. For example, "Provident Fund is 12% of Basic, capped at ₹1800," or "HRA is 40% of Basic for non-metro and 50% for metro locations." Kiework allows you to build these formulas into the system using a simple logic builder. Once defined, these rules apply automatically. If you increase an employee's Basic pay during an appraisal, the PF and HRA components recalculate instantly without manual intervention.
Managing Variable Pay and Bonuses
Sales commissions, quarterly performance bonuses, and shifting shift-allowances make payroll dynamic. Hard-coding these into the salary structure is a mistake. Kiework treats them as "Ad-hoc Components." You can upload variable pay data in bulk each month, or link it directly to the Performance module. This ensures that high performers are rewarded accurately on time, reinforcing the link between effort and reward.
