MAGNAR Training

MAGNAR HCM

The All-in-One HCM Platform for Every Business Size

Products

MAGNAR Feedback 360 ( Performance Appraisal)

MAGNAR BI ( BUSINESS INTELLIGENCE)

MAGNAR Training

Effortless Training Management – Empower Employee Growth and Skill Development

With Magnar Training, managing your training catalog has never been easier. Our platform empowers employees to browse and apply for relevant internal or external training programs, enhancing their skills and knowledge. Magnar also fosters continuous improvement by allowing employees to provide valuable feedback on trainers and content, ensuring training quality evolves over time.

Efficient Payroll Processing with Magnar

At Magnar, we take a 360-degree approach to performance appraisal, making the process simple and effective. Our system evaluates employee performance across multiple dimensions, including contributions to business and departmental goals, personal objectives, and job competencies. It streamlines the appraisal process by enabling both self-assessments and manager evaluations, providing a complete and balanced view of each employee’s performance. Additionally, for companies that lack the expertise to develop performance appraisals aligned with their business goals, we offer comprehensive consulting services. Our experts will guide you in creating a tailored performance management system to ensure meaningful evaluations and drive success.

01 Employee Benefits Management

With Magnar PayPro, the possibilities for employee benefits are limitless. Our platform offers a flexible benefits configuration engine that empowers you to tailor benefits to meet the unique needs of your workforce. Using a formula-based engine, you can create a wide range of benefits, linking them to various factors such as Employee Type, Grade, Level, Years of Experience, and more.

04 Accruals and Provisons

Magnar PayPro provides comprehensive functionality for managing accruals and provisions, allowing organizations to plan for future expenses with ease. Whether it's bonuses, airplane tickets, extra months, or any other benefit that needs to be accrued, our platform offers robust tools to facilitate accurate and efficient accrual management. With Magnar HCM, you gain flexible accrual management, allowing customization for various benefits and expenses to meet specific organizational needs. Additionally, Magnar facilitates provisioning for future expenses, ensuring accurate forecasting and compliance with accounting standards, whether it's for bonuses or additional salaries.

07 Off-cycle Leave Processing

Off-cycle leave processing in Magnar PayPro allows for the advance payment of annual leaves before employees embark on their extended vacations, ensuring timely and convenient allocation of leave benefits.

02 Social Security Management

Social security is a crucial component of any HR system, and with Magnar PayPro, managing social security benefits is effortless and compliant. Our platform's social security benefits module is designed to adhere to the labor laws of each country, ensuring that employee and company contributions are in line with regulatory requirements.

05 Multiple Calendars and Shifts

Magnar supports multiple calendars linked to various employee types, accommodating diverse working schedules and holidays at both the company and country levels.

08 End of Service Settlement

Magnar facilitates the streamlined calculation of End of Service (EOS) settlements, adhering to company and country-specific rules and policies.

03 Income Tax Processing

Income tax processing is often a complex aspect of any HR system, but with Magnar PayPro, it couldn't be simpler. Our platform offers streamlined income tax management, making it easy to navigate tax brackets and related percentages. Magnar's income tax processing module automatically applies the configured tax brackets and percentages, eliminating the need for manual calculations and reducing the risk of errors. This automated approach ensures compliance with tax regulations and minimizes administrative burdens. Magnar PayPro excels in managing taxation for multi-company setups across various countries. Our platform features a customized, country-specific labor law plugin that ensures compliance with diverse regulations, providing seamless integration and adherence to local labor laws.

06 Off-cycle Processing

Off-cycle processing in Magnar PayPro is essential for handling payments or calculations of any benefits outside the regular payroll run. This feature enables adjustments for individual employees, groups, or the entire company, ensuring flexibility and accuracy in payroll management.

09 Leave Encashment

With Magnar PayPro, employees have the option to encash unused leave days, subject to management approval.

01 Employee Benefits Management

With Magnar PayPro, the possibilities for employee benefits are limitless. Our platform offers a flexible benefits configuration engine that empowers you to tailor benefits to meet the unique needs of your workforce. Using a formula-based engine, you can create a wide range of benefits, linking them to various factors such as Employee Type, Grade, Level, Years of Experience, and more.

02 Social Security Management

Social security is a crucial component of any HR system, and with Magnar PayPro, managing social security benefits is effortless and compliant. Our platform's social security benefits module is designed to adhere to the labor laws of each country, ensuring that employee and company contributions are in line with regulatory requirements.

03 Income Tax Processing

Income tax processing is often a complex aspect of any HR system, but with Magnar PayPro, it couldn't be simpler. Our platform offers streamlined income tax management, making it easy to navigate tax brackets and related percentages. Magnar's income tax processing module automatically applies the configured tax brackets and percentages, eliminating the need for manual calculations and reducing the risk of errors. This automated approach ensures compliance with tax regulations and minimizes administrative burdens. Magnar PayPro excels in managing taxation for multi-company setups across various countries. Our platform features a customized, country-specific labor law plugin that ensures compliance with diverse regulations, providing seamless integration and adherence to local labor laws.

04 Accruals and Provisons

Magnar PayPro provides comprehensive functionality for managing accruals and provisions, allowing organizations to plan for future expenses with ease. Whether it's bonuses, airplane tickets, extra months, or any other benefit that needs to be accrued, our platform offers robust tools to facilitate accurate and efficient accrual management. With Magnar HCM, you gain flexible accrual management, allowing customization for various benefits and expenses to meet specific organizational needs. Additionally, Magnar facilitates provisioning for future expenses, ensuring accurate forecasting and compliance with accounting standards, whether it's for bonuses or additional salaries.

05 Multiple Calendars and Shifts

Magnar supports multiple calendars linked to various employee types, accommodating diverse working schedules and holidays at both the company and country levels.

06 Off-cycle Processing

Off-cycle processing in Magnar PayPro is essential for handling payments or calculations of any benefits outside the regular payroll run. This feature enables adjustments for individual employees, groups, or the entire company, ensuring flexibility and accuracy in payroll management.

07 Off-cycle Leave Processing

Off-cycle leave processing in Magnar PayPro allows for the advance payment of annual leaves before employees embark on their extended vacations, ensuring timely and convenient allocation of leave benefits.

08 End of Service Settlement

Magnar facilitates the streamlined calculation of End of Service (EOS) settlements, adhering to company and country-specific rules and policies.

09 Leave Encashment

With Magnar PayPro, employees have the option to encash unused leave days, subject to management approval.

MAGNAR HCM

The All-in-One HCM Platform for Every Business Size

Products

MAGNAR Training

Efficient Payroll Processing with Magnar

01

Employee Benefits Management

04

Accruals and Provisons

07

Off-cycle Leave Processing

Off-cycle leave processing in Magnar PayPro allows for the advance payment of annual leaves before employees embark on their extended vacations, ensuring timely and convenient allocation of leave benefits.

02

Social Security Management

05

Multiple Calendars and Shifts

Magnar supports multiple calendars linked to various employee types, accommodating diverse working schedules and holidays at both the company and country levels.

08

End of Service Settlement

Magnar facilitates the streamlined calculation of End of Service (EOS) settlements, adhering to company and country-specific rules and policies.

03

Income Tax Processing

06

Off-cycle Processing

Off-cycle processing in Magnar PayPro is essential for handling payments or calculations of any benefits outside the regular payroll run. This feature enables adjustments for individual employees, groups, or the entire company, ensuring flexibility and accuracy in payroll management.

09

Leave Encashment

With Magnar PayPro, employees have the option to encash unused leave days, subject to management approval.

01

Employee Benefits Management

02

Social Security Management

03

Income Tax Processing

04

Accruals and Provisons

05

Multiple Calendars and Shifts

Magnar supports multiple calendars linked to various employee types, accommodating diverse working schedules and holidays at both the company and country levels.

06

Off-cycle Processing

Off-cycle processing in Magnar PayPro is essential for handling payments or calculations of any benefits outside the regular payroll run. This feature enables adjustments for individual employees, groups, or the entire company, ensuring flexibility and accuracy in payroll management.

07

Off-cycle Leave Processing

Off-cycle leave processing in Magnar PayPro allows for the advance payment of annual leaves before employees embark on their extended vacations, ensuring timely and convenient allocation of leave benefits.

08

End of Service Settlement

Magnar facilitates the streamlined calculation of End of Service (EOS) settlements, adhering to company and country-specific rules and policies.

09

Leave Encashment

With Magnar PayPro, employees have the option to encash unused leave days, subject to management approval.

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Europe

Latin America

Middle East

Resources

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Resources

Multiple Calendars and Shifts

Multiple Calendars and Shifts