The Employee Self Service module of
Folklore Payroll is a powerful tool to eliminate 90% of your phone or email transactions as far as employee payroll is concerned.
Key Benefits
- Instant, online access to information (payslips, reimbursements, tax information, etc.)
- Faster response & turn-around time.
- Automatic email alerts to employees, managers or administrators on application, status updates, etc.
- Asynchronous communication eliminates waste of time due to phone tag
- Big reduction in transaction costs.
- Major time savings lets you focus on strategic work.
- Better communication, less stress & higher employee morale.
Key Features
Online Pay-slips & Reimbursement Pay-slips
Publish pay-slip information online. Employees can also download salary-slips in PDF formats.
Year-To-Date Summary
Employees can view up to date annual payroll summary including income, deductions, tax, etc.
Loan Statement
Employees can track loan details of all loans they have availed including monthly principal and interest deductions, repayments, outstanding amount, etc.
Income Tax
Income Tax Statement
The complete income tax computation sheet is made available to employees so that they clearly understand the logic on how the income tax has been computed every month. This feature alone will cut down a huge amount of clarifications and explanations that the finance department usually spends time on.
Income Tax Declaration
Employees can submit their savings & other IT declarations online and this information is automatically picked up during payroll processing. You can control the specific time durations during which the facility is open for employee inputs.
Tax Calculator for What-If Analysis
Let your employees plan their taxes more efficiently by letting them do what-if analysis by varying the values for different components. The year-to-date as well as projected payroll information is readily available to employees for this purpose.
Reimbursement Claims
Employees can apply for reimbursement claims online. The reimbursement opening and closing balances, entitlement, previous transactions, etc. are all available to the employee.
Trouble Tickets
Any discrepancies in the salary structure or computation or complaints can be brought to the notice of the payroll administrators by raising a trouble ticket online.
