The Formula Builder enables HR administrators and professionals to create customized calculations for HR-related processes. It provides a user-friendly interface to define mathematical, logical, and conditional formulas based on specific business requirements.
Formula Builder can be used to design complex payroll calculations, including salary components, deductions, taxes, overtime,
allowances, and other related calculations. It allows organizations to accommodate their unique payroll structures and policies.
FORMULA BUILDER
Formula Builder supports the creation of formulas for performance metrics, such as key performance indicators (KPIs), performance ratings, bonus calculations, and performance-based incentives.
Vice President HR
EMPLOYMENT POLICIES
The Formula Builder in Ojoor allows users to define and manage leave accrual formulas to automate the accrual process and ensure accurate leave balance calculations.