Loans & bonuses are easy ways to show you care for employees
And Keka makes the process easy for you.
Loans, Advances & Bonuses
Easy Loan EMI Management
Keka Payroll software provides loan repayment using easy to use EMI management. The payroll software lets you define a fixed term or a fixed EMI as per the repayment ability of the employee. EMI amounts and the term can also be adjusted in middle of a loan period.
Interest Rate Calculations
Keka Payroll software allows you to release loans with or without interest rates. You can also define Flat Rate interest or reducing rate interest and the software does the calculations for you.
Variable Pay & Incentives
Keka lets you easily schedule bonuses and variable pays for employees as part of the their salary structure (within or outside of CTC). The system lets you easily define due date and also lets you pay partially based on employee performance.
Apart from pre-scheduled bonuses and variable components, Keka lets you make adhoc payments of various types - surprise bonus, unaccounted arrears from past or reimbursements.