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Home » Solutions » Articles » Salary calculation software - teamwork salary calculator that services two aims
Salary calculation software - teamwork salary calculator that services two aims  

Salary calculation software - teamwork salary calculator that services two aims



 
 

Salary calculation software- is a tool that helps to establish direct connection between salary calculations and work management. Actually most of the salary calculator products that you can find in the Internet are designed for single users - this could be complicated professional salary calculation software for accountants or different simple programs that help private users to calculate salary on hourly, daily, weekly, monthly and yearly basis. All these products have different functionality, so for example you may find some plain individual yearly salary calculator that will help you to keep records on your regular and occasional wages during the year, or you may find some chargeable net salary calculator that allows listing company employees and professional staff salary management.

Salary calculation software and problem of productivity-related wages:
Of course, it is really great to have individual yearly salary calculator or monthly salary calculator to track personal incomings, and certainly the labor of accountant can be facilitated by powerful salary calculator with tax deduction features etc, but the problem is that all these programs need external data to be inputted. What kind of data is required in order to calculate salary? If your salary depends on your working results, data you need to be inputted into your monthly salary calculator actually represents your working results - for example if you are a salesman you may need to calculate salary on the basis of your sales results and this is a variable value. This also refers to all employees who calculate salary depending on their productivity, with bonuses and fees. That's why it would be a great solution for companies to have salary calculation software which services two aims - allows tracking work results and calculating salaries according to them, so productivity and salary management can be integrated into one system to save time and bring more accuracy in calculations.
Salary calculation software - teamwork salary calculator that services two aims
Work management + Salary calculator = Reasonable solution for small/midsize business:
The purpose of salary calculator is to ensure correct and fair distribution of wages within team and the purpose of work management software is to plan and track business team activities. If these two solutions can be combined within one system, that would be really expedient solution for small and midsize business that would be averted from double payments. Such salary calculation software covers following fields:

Read also a new article about process management - project management client-server software for Windows

  • It allows planning project in details - timelines, priorities, costs etc.
  • It keeps abreast of working process and helps project managers to define work results (sales plans, productivity, KPI's, hours worked etc.)
  • It helps to calculate salary reasoning from work results
The good example of project management & salary calculation software is VIP Task Manager. This client-server product is designed for task and time management in teamwork, but also it can be used as monthly and yearly salary calculator that works in direct connection with data from working process. Owing to customization capabilities of VIP Task Manager you can create cusom fields, including fields with formulas, that can serve as a net salary calculator in order to measure achievements and salary of your employees. Your collaborative salary calculator can compute hourly rates, hours worked and penalties/bonuses earned.
     

VIP Task Manager
Task management software
for teams & small offices
Play Demo / Download

CentriQS
Business management software
for small & midsize enterprises

Play Demo / Download

 
 
 
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