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.: eRKTM-CB COMPENSATION AND BENEFITS SYSTEM
 
eRKTM-CB captures master information and processes fixed transactions, ad-hoc transactions, table transactions, leave transations and overtime transactions. It also keeps of leave code, transaction code, income tax table, EPF table and SOCSO table.

 
Features
  • Develops remuneration formula, policies and plans.
  • Administers employee remuneration records.
  • Develops flexible remuneration packages to meet the needs of individual employees and corporate performance and budgetary goals.
  • Benefits management, including cash and non-cash benefits administration and maintains transaction code, name, type and mode. It also determines whether there is any deductions in basic salary, EPF, SOCSO, Income tax, accumulated slot and manage fringe benefits tax.
  • Administers medical insurance, employee savings, superannuation and other employee deductions.
    Develops and administers remuneration review and planning for employees.
  • Manages renumeration packing parity across occupational groups, classification levels and performance behaviour.
 
Optional Features
  • Promote reward for performance.

 
Reports
  • Compensation and Benefits master / transaction / processing reports.
  • List of all deductions for an employee and outstanding balances.
  • Salary grade structure lists.
  • Benefits / Incentives management reports.


 
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.: eRKTM-HRM
eRKTM-HR consists of the following modules, please click on the product code for more information.