There is no limit to the benefits that can be flexibly configured with Magnar. The benefits configuration engine is a formula based engine that allows the creation of all kinds of benefits that can be linked to the Employee Type , Grade, Level, Years of Experience , etc..

Social Security is a key item in any HR system. With Magnar the social security benefits are configured based on the country labor law and takes into consideration all the country rules to ensure the employee and the company are complaint to labor law.

Income Tax is usually a complex part of any HR system and with Magnar it could not be easier. Tax brackets and related income tax percentages are easily configured and linked to the taxable benefits for each employee type and country tax rules.

Magnar allows to take provisions for any benefit that needs to be paid in the future whether it is a Bous, a ticket, and extra month or any benefit that needs to be accrued

Multiple Calendars are supported and linked to different employee types taking into consideration the working schedule and holidays at the company and country level

Official payroll processing is a must and allows the payment or calculation of any benefit outside the normal payroll run and can be for one employee a group of employees or the entire company

Pay Annual Leaves in advance before employees goes on there long vacation.

make the financial calculations for EOS based on company and country rules and policies.

Employees are able to Cash Back leaves that are not utilized subject to management approval

Magnar Payroll is equipped with an intelligent formula based excel like engine that allows a flexible configuration of any pay element