End of year bonus
Read these topics related to the end of year bonus.
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Description
Profit calculates the end of year bonus on the basis of wage components. The root numbers of the wage components depend on the CLA.
Balance on pay slip
You can show the end of year bonus balance on the pay slip. To do this, you add the 'Saldo eindejaarsuitkering' wage summary to the pay slip. The wage summary uses the 100.002.518 'Saldo eindejaarsuitkering tbv loonstrook' wage component. You activate this wage component in the CLA.
Note:
Each wage component has a comment in which the operation of the wage component is explained. Always take a look at this explanation on the Comment tab in the properties of the wage component in the CLA. If you do not have the wage component available, first activate it.
No end of year bonus when leaving employment
The way the payment of the end of year bonus works if the employee leaves employment is the same as the arrangement for the holiday allowance. You can view this in the Help topic No holiday allowance when leaving employment.
Year-end bonus on a separate pay slip
You can put the year-end bonus on a separate pay slip and pay out the amount separately. This can be done in the following ways:
- CLA
You can separately process the holiday allowance for all employers subject to a CLA. Your consultant then adds a special processing code for this. Your consultant links this at the CLA level to the wage component so that the deviating processing code applies to all employers who use the CLA.
- Employer
You can decide for each employer if you process the holiday allowance separately. Your consultant then adds a special processing code for this. You link this at the employer level to the wage component so that the deviating processing code applies for the employer.
The procedure in Profit for this is the same as the procedure for putting the holiday allowance on a separate pay slip.