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HRM- SETTINGS

HR Settings

HR Settings define the default payroll, attendance, overtime, and statutory rules used throughout the Human Resources module.

These settings are applied automatically to new employees unless overridden where applicable.

Note: New IsleBooks businesses are pre-configured using the current Maldives Civil Service defaults. You can modify these settings at any time to match your organization's HR policies.


Enabling the HR Module

The HR module can be enabled or disabled at any time.

  1. Go to Settings → Business Settings → Modules.

  2. Enable HR / Essentials.

  3. Click Save Settings.

Once enabled, the HR menu becomes available.


Pay Period

Configure how employee salaries are calculated.

Cycle

Select the payroll cycle.

Examples include:

  • Monthly

  • Weekly

  • Bi-weekly

Anchor Day

For monthly payrolls, specify the day the pay period begins.

Example:

  • 1 = Calendar month (1st to last day of the month)


Payroll Basis

Choose how employee working time is calculated.

Example:

  • Attendance (Clock Punches)

When attendance-based payroll is selected, salaries and overtime are calculated using employee attendance records.


Salary Calculation

Configure the default salary calculation rules.

Options include:

  • Salary Divisor

  • Days Per Month

  • Working Hours Per Day

  • Full-Day Hours

  • Half-Day Hours

  • Late Grace Period

These values determine:

  • Daily salary

  • Hourly salary

  • Minute rate

  • No-pay deductions

  • Attendance calculations


Overtime Settings

Configure the overtime multipliers used throughout the business.

Available settings include:

  • Workday Overtime Multiplier

  • Weekend Overtime Multiplier

  • Public Holiday Overtime Multiplier

  • Monthly Overtime Cap

You can also specify which weekdays are treated as weekends.

Individual weekend days may have their own overtime multipliers if required.


Statutory Contributions (MPRF)

IsleBooks supports statutory pension calculations.

Configure:

  • Enable or Disable MPRF

  • Employee Contribution Rate

  • Employer Contribution Rate

  • Pensionable Wage Ceiling

  • Pensionable Wage Components

Examples of pensionable wage components include:

  • Basic Salary

  • Allowances

These settings are automatically used when calculating payroll.


Default Settings

The values configured on this page act as the business defaults.

New employees inherit these settings automatically, while individual employee records can override them where supported.


Best Practices

  • Review the default HR settings before processing your first payroll.

  • Update overtime rates if they differ from your company's employment policies.

  • Verify statutory contribution rates whenever government regulations change.

  • Configure weekend days according to your organization's working schedule.

  • Periodically review HR settings to ensure they remain compliant with current employment regulations.

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