Updated in March- 2024 | Subscribe to watch greytHR how-to video
Revising salary is important for retaining top talent, attracting new talent, and remaining competitive in the job market. It helps to recognize and reward employee performance, improve employee satisfaction and engagement, and increase employee retention. Regular salary revisions can also help to address the cost of living adjustments and inflation. A salary aligned with industry standards and best practices can keep your employees happy.
The Salary Revisions page in the greytHR Admin portal displays a list of employees for whom your organization has not revised salary for a while. The page categorizes salary revision information into three statuses: Pending, Approved, and Rejected.
To view the Salary Revisions page, click Payroll > Payroll Inputs > Salary Revisions.
To approve/reject the salary revision of an employee(s), perform the following actions:
On the Salary Revisions page, from the Status dropdown list, select the required status. A list of employees appears.
Select the checkbox adjacent to the Employee Name to select the required employee. You can also use the Employee dropdown list to search for an individual employee.
Click Approve/Reject button to review the selected employee's salary revision. The Remarks pop-up appears.
In the Remarks description box, enter the reason for your approval or rejection.
Click Confirm to approve/reject the salary revision. A success message displays.
Other related links:
▶ Video - Watch our how-to videos to learn more about greytHR.
❓ FAQs - Solve your queries using FAQs.
📢 Product Update - Read about the product updates.