Enhance HR Management with greytHR April 2024 Updates

Get ready to enhance your experience with our exciting updates for April 2024!

We're committed to improving your journey, from refining the user interface to launching innovative features. Brace yourself for a wave of breakthrough enhancements this fiscal year! 🌟🌟

HRAS and HRIS

1. New: Introducing greytHR Reviews in Performance Management!

   We are excited to introduce greytHR Reviews, a dynamic new module in our performance management suite designed to elevate the way you assess and enhance employee performance. With this powerful tool, admins can effortlessly configure review cycles tailored to specific sets of employees, ensuring that performance evaluations are both relevant and effective.
   Applicable for: All India customers
   Who can experience the functionality: HR admins
   Help Docs:

   • Knowledge Base for admins

Leave and Attendance  

1. Enhancement: Regularization Limits You Down? Explore greytHR's Regularization and Permission Feature to Turn it Around!
   greytHR's Regularization and Permission feature introduces a game-changing approach, addressing common pain points of Regularization to streamline processes.
   Applicable for: All India and Middle East (ME) customers
   Who can experience the functionality: HR admins and employees
   Help Docs:

   • Knowledge Base for admins

2. Enhancement: Multi-Region Time Zone
   To address the issue of Late In and Early Out penalties due to different time zones, it is important to process attendance that matches the time zone of each employee's assigned shift.
   Applicable for: All India and Middle East (ME) customers
   Who can experience the functionality: HR admins and employees
   Help Doc:

   • Knowledge Base for admins

Payroll

1. Enhancement: Stay Informed with greytHR: Maharashtra LWF Updates Live!
   Maharashtra's Labour Welfare Fund (LWF) regulations have been revised, introducing new contribution rates for employees and employers starting June 2024.
   Applicable for: All India customers
   Who can experience the functionality: HR admins and employees

2. Enhancement: FBP Consideration in IT Declarations for Accurate Tax Display!
   This feature enables employees to include unconsidered FBP plans in their IT declarations, ensuring accurate income tax calculations. Employees can compare both tax regimes and instantly verify the impact of the Flexi Benefit Plan before finalizing their declarations.
   Applicable for: All India customers
   Who can experience the functionality: HR admins and employees

3. Enhancement: Employee Count Display in Payslip Email Confirmation!
   To prevent errors while emailing payslips, admins will now see the employee count in the confirmation popup. This enhancement eliminates confusion and avoids accidental payslip distribution due to mismatched counts.
   Applicable for: All India customers
   Who can experience the functionality: HR admins and employees

Integrations

1. Enhancement: greytHR PRO Payroll Schedule Management!
   The Payroll Scheduler enables PSPs to create tailored payroll schedules for clients based on agreed SLAs. Admins can customize Pay Policies for each client, specifying pay frequency, off days, and salary disbursement days. They can also schedule payroll calendars with milestones and due dates for each pay cycle. Key details from Pay Policies are auto-filled during scheduling, simplifying and speeding up the process.
   Applicable for: PSP
   Who can experience the functionality: PSP
   Help Doc:
   Knowledge Base