Incentives, recoveries and statutory bonus, done right
Ad-hoc pay additions and deductions with ring-fence limits and an approval chain, plus statutory annual bonus disbursement at 8.33% to 20% with the statutory registers.
- Variable inputs
- Approval chain
- Statutory bonus
What variable pay does in NeevHR
Variable inputs
Assign incentives, commissions, recoveries and fines, single or in bulk, with min/max ring-fencing.
Approval chain
Every input is approved before it reaches payroll.
Statutory bonus
Configure a bonus plan at 8.33% to 20% and disburse to eligible employees.
Bonus registers
Forms A, B, C and D and the allocable-surplus computation.
How variable pay works, step by step
- 1
Configure
Set components, frequency, minimum and maximum limits and the approval chain.
- 2
Assign
Assign singly, in bulk or by CSV, with achievement percentage.
- 3
Approve
Limits are rechecked at every approval stage.
- 4
Pay
Approved amounts flow into that month's payroll.
Benefits
- Nothing reaches payroll without approval
- Incentives kept out of PF, ESI and PT wages
- Statutory bonus run nets off bonus already paid in F&F
Who uses it
- Compensation and payroll
- Configure plans and run bonus.
- Sales and business leads
- Upload incentive achievement.
Set as rule sets by your HR admin, assigned to employee groups.
- Components and frequency
- Ring-fence limits
- Bonus rate and eligibility
- Approval chain
Every list becomes a report; every report a chart that drills to records.
- Variable pay register
- Bonus disbursement
- Forms A to D
Variable pay does not run in a silo
Like every module, it sits on one effective-dated employee record, with India's statutory rules, configuration and governance shared across the platform.
Built for India, only India
PF, ESI, PT, LWF and TDS, gratuity, bonus and the DPDP Act 2023 are part of the core product, not an add-on. INR and the India financial year throughout.
Depth without the drag
Process discipline and statutory accuracy for growing and mid-market companies, without the cost or the multi-year rollout of a tier-one suite.
A guided go-live
Implementation time depends on employee count, data quality, integrations and payroll complexity.
Configured by your HR admin
Leave, attendance, payroll, expense and appraisal are configurable rule sets assigned to employee groups. A trained HR admin can own them, no certified consultant required.
Variable pay: frequently asked questions
Does the statutory bonus run follow the eligibility rules?
Yes. It applies the ₹21,000 eligibility limit, the 30-day minimum service, the ₹7,000 or minimum-wage calculation ceiling and the 8.33% to 20% range, and produces Forms A, B, C and D.
Is incentive achievement pulled from performance goals?
No. Achievement is entered or uploaded, or taken from the plan default.
Explore related modules
One platform, one employee record.
Guides and calculators
See variable pay on your own data
A tailored walkthrough for your team, no generic deck.