How to change the salary structure of an employee

Each employee in an organization has a salary structure assigned to them, which is used to calculate the component value for their salary. Depending on the organization's needs, different salary structures may be configured with different components or formulas/values. For example, an intern may have a salary structure with only a stipend component, while a full-time employee will have a different structure that suits their job position. In Keka, employers can easily change an employee's salary structure as needed, such as when converting an intern to a full-time employee. 

Steps to Revise an Employee’s Salary in Keka

1. Search for the employee in the search bar and open their profile.

2. Go to the Finances tab.

3. Click on Pay → Salary.

4. Click on Revise Salary.

   

5. In the Revise Salary window, check the Current Salary and the Previous Revision Date.

6. Under New Salary (INR), enter the new annual salary amount.

7. Set the Effective From date.

8. Choose the required Salary Structure from the dropdown list.

9. Review the Salary Breakup as per the applied formulas.

10. Click Revise to update the salary.

    

11. To confirm, go back to the employee’s Salary Timeline.

12. You’ll see the updated salary displayed under Salary Revision.

If you have more queries, please refer to the other help documents or do contact us.