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What is PY Payroll?

A vast array of payment options exists, including regular, hourly, salary, and overtime rates, each defined by specific start and end dates. Payment configurations can be tailored to fit designated limits, taking into account pay periods and year-to-date (YTD) calculations. Employees are permitted to have an unlimited number of deductions, which can be scheduled monthly, annually, per pay period, or quarterly, while also ensuring compliance with limits related to pay periods, YTD, and lifetime deductions (LTD). The system efficiently calculates and collects any owed arrears, and users can take advantage of direct deposit for these deductions. Retirement plans like employer-sponsored 401K and 403B options are fully integrated, with adherence to all federal, state, and local tax requirements, including deductions for Social Security and Medicare. Additionally, the platform systematically manages calculations for FUTA and state unemployment taxes. A table-driven framework is utilized to monitor entitlement accruals for vacation days, holidays, floaters, and other approved leaves, with automatic enrollment for eligible employees based on criteria such as seniority or hire date. An exhaustive audit trail captures all accrued benefits along with the time associated with LTD. Moreover, all benefit plans, including medical, dental, and insurance, are designed through a table-driven approach, ensuring that employer contributions are accurately calculated and reported. This thorough framework not only provides clarity regarding financial responsibilities but also fosters transparency in entitlements for both employees and employers. Ultimately, this level of organization enhances workplace satisfaction and trust in the payroll process.

What is Compensation Pro?

Effortlessly calculate employee salaries while factoring in taxes, required deductions, reimbursements, loans, and bonuses with our intuitive HR software solution. Our sophisticated platform enables the tracking of employee attendance by recording daily clock-in and clock-out times, which is seamlessly integrated into the payroll system. Maintain precise leave balances that accurately reflect automatic accruals and time off taken, all managed through our user-friendly payroll interface. This versatile HR software assists in managing employee salaries, along with their personal and professional details throughout their tenure. Additionally, it empowers employees to take control of their attendance, leave, payroll, and HR records, significantly improving the overall user experience. Our comprehensive features encompass payroll, HR management, compliance, and tax reporting. Compensationpro also aids organizations in establishing performance benchmarks for employees, enabling managers to evaluate their team’s job performance against these defined standards and promoting ongoing development. In essence, our software not only simplifies HR operations but also cultivates a more engaged and well-informed workforce, ensuring that all employees are aligned with the company's goals.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$10 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

EmpowerFinancials

Company Location

United States

Company Website

www.empowerfin.com

Company Facts

Organization Name

DevLogic Technologies

Date Founded

2016

Company Location

India

Company Website

devlogictechnologies.in/product.php

Categories and Features

Payroll

401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment

Categories and Features

Human Resources

360 Degree Feedback
Applicant Tracking
Attendance Management
Benefits Management
Career Development Planning
Compensation Management
Compliance Management
Employee Database
Employee Lifecycle Management
Onboarding
Payroll Management
Performance Management
Recruiting Management
Self Service Portal
Succession Planning
Time & Attendance Management
Time Off Management
Timesheets
Training Management

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