May 2019

1. Every business can benefit from an improved payroll management process. To help business for smooth functioning, TalentOz periodically analyze and enhance the performance of application across different modules. In this version, Indian income tax section has been finetuned and incorporated successfully.
2. TalentOz automatically process the salary for employees in organization but while handling exceptions in processing payroll, now system enhanced to cater for Malaysian requirements too. For example, Date of Birth and Age tabs are added in this version. So, from now onwards DoB and Age are mandatory fields for employees to get their salary processed for any pay month.
3. EPF is a retirement benefit scheme that makes sure everybody has enough money for their retirement days. While EPS is a pension scheme offering pensions for employees. For better and accurate calculations rounding off is added for the contributions on EPF & EPS.
4. For our Malaysian clients, a brand-new category called Permanent Resident (PR) is added in the application in calculating EPF. If any employee who obtained Permanent Resident status, employees will be able to make withdrawals and pre-withdrawals just as their Malaysian counterparts. Hence forth TalentOz application will automatically calculate EPF based on the employee resident status.
5. For HR users, payslips of inactive employees were not able to download in tge previous versions. But from this version, HR users can now download the payslip of employees whose employee status is “Inactive”.
6. For HR users, in previous versions they were not able to download payslips of inactive employees. But from this version, HR users can download the payslips of inactive employees too.

Statutory Bonus

A bonus is an additional payment apart from salary given to employees with the intention to energize them. The Statutory Bonus came into existence with the approval of the Payment of Bonus Act in 1965 by the Government. According to this act, certain establishments had to pay an amount to their employees based on their profitability each year. This amount was to be over and above their basic salaries. The purpose of the act was to enable employees to partake in the profits of their respective companies. The bonus, when applicable, also gives employees an opportunity to earn more than the minimum wages.

Recently, the government approved amendments to the Bonus Act, 1965 raising the limit for calculations of bonuses. More so, it has also made this act applicable from April 1st, 2014. This implies a “retrospective effect”, which is an added liability for employers. Establishments will now have to pay the unpaid bonus for the previous 2 financial years as well. For HR folks, this also means a little baffle in configuring what their company’s statutory liability is.

TalentOz application happily introducing statutory bonus from this version according to the standards set by the Indian government in its payroll arsenal. Also a happy news, this statutory bonus feature is successfully implemented in one of our Indian business conglomerate whose business endeavors in hospitality and jewelry sector.

HR users can configure statutory bonus with a simple set of fields available in the configuration form in the settings page. They can select employee group, add formula for calculating bonus and pick processors for calculating bonus for the employees. All the fields in the form are created adhering to the policies set by the honorable Indian government. HR users

Once they configure bonus settings, users can generate the statutory bonus for the eligible employees by simply selecting the financial year and employee group to whom the bonus is to be generated in a single click. TalentOz automatically calculates who are the employees for the bonus in the selected financial year and calculate the bonus and list the amount to be paid to the employees in a list. Also when the users clicks the any employee detail they can view the detailed computation of bonus in month-wise for that financial year.

1. During a performance review, managers tend to rate differently. The impact becomes crucial in an environment where employees are offered performance-based incentives/bonus. In previous versions of TalentOz the overall score will be calculated based on the ratings from managers/peers et.al. From this version a new setting has been introduced in application where the HR users can supersede the scores from managers and show the normalization score in the performance appraisal form. Normalization of scores is intended to introduce greater objectivity in the employee performance reviews.
2. From this version, HR users can add/remove items for any section like (Goal, Competency) in the form during Form preparation / Mid-term review stages.
3. System is now updated with a privilege level access for viewing overall feedback option. It is configurable in settings page.
4. HR users can now configure “Achieve %” according to the business requirements. In settings page, they can define the “Achieve %” so when employees submit the percentage value the score will be calculated accordingly.
5. A detailed and explicit audit trail is now made available for HR users to view the score changes occurred in different stages of performance appraisal form.
6. In Performance Approval Page system new advance filters has been added and now show scores of self and manager in a parallel way. Also sorting option provided based on the values of the recommendation filters.
7. Based on some client requests, custom components which are database fed are now made available in a list view for better accessibility.
8. Now performance scoring is auto calculated based on employee’s provided Target and Achieved values in the performance appraisal form.
9. List of dynamic components Items in library by the customers can now get effect in the form itself. So, the changes made the library get actively done in the appraisal form.

Yearly performance appraisals are critical. An employee performance appraisal is a process—often combining both written and oral elements—whereby managers/peers or sometimes subordinates of an employee evaluates and provides feedback on his/her job performance, including steps to improve or redirect activities as needed. A performance review is incredibly valuable for both employee and employer to learn more about what is and isn’t working, identifying areas for growth and planning for the future.

While the term performance appraisal has different meaning for different business owners, TalentOz takes into consideration that any performance reviews is sticking with the following traits. They are as follows:

1. To improve the company’s productivity
2. To make informed personnel decisions regarding promotion, job changes, and termination
3. To identify what is required to perform a job (goals and responsibilities of the job)
4. To assess an employee’s performance against these goals

As more organizations are now slowly changing their performance reviews approach and include more parameters in their process to make it humane. TalentOz happily introducing a new feature called “Recommendation” in the performance module from this version
Recommendation feature can be enabled by the HR users while configuring any performance appraisal template. If they are in no need of this recommendation, then they can simply uncheck this option and proceed with performance appraisal settings page according to their organization standard procedures.

While on enabling this “Recommendation” feature HR users can configure on what stages (Scoring or 1:1 meeting or Form appraisal itself) this section wants to view by the users who are all the employees/roles assigned for this recommendation. They can select the owners for recommendations process for scoring part. For Scoring, HR users can select Line1 or Dotted managers. Also, in the settings page itself, whether they want the recommendation section can opt for Position change / Grade change for the employees. Or in this process they can simply evaluate the employee performance by asking questions.

The questions which are going to be asked in the section can be of two types. a) Option b) Text Input. For options questions which are created can assigned with values. For input type of question, the owners can provide their inputs/feedback in a text field. They can add n number of questions for this process. Once they configure the questions, the options to enable like Grade/Position are set. Then the process owners will see the recommendation with the configured details.

Once the appraisal reviews of the employees are completed with all the stages completed successfully, then the recommendation section are used in the decision making for the management.

Also, the pending recommendations and completed recommendations shown to the users in the tab user interface for the HR users. Pending recommendations lists the recommendations which are in the pending status. Once the user clicks any recommendation from the list it will display the complete picture of the section.

1. From this version of TalentOz, In Comp off list page and in Retract workflow “Delete” option is provided for HR users.
2. As some clients allowed their employees to apply leave to next leave period, application is now tweaked so that the employees can also apply leave from their next leave period due to various circumstances. Also, HR users can assign employees to the next leave period.
3. HR users are now equipped with edit option when employees opt for the duty resumption option.
4. As some flexi schedule may concur on the next day of a schedule. So TalentOz application has now improved its calculation method so from this version the schedule is not restrict with 24 Hours settings as in previous versions.
5. HR users can now close any leave request at any stage.
6. Updated validations in applying half day leaves for employees
7. Leave period details of employees is displayed in a Tab user interface in Leave Balance Summary.
8. Employee’s work schedules vary from full-time to part-time. All work schedules have one thing in common. The employee is doing work required by an employee. So take this into account, TalentOz integrate flexi schedule in creating comp off request too.
9. Employees can also apply comp off based on their working hours.

1. As a part to improve usability standards in TalentOz application, a label change has been made in Recruitment module. Removed a default control text “No Records to Display” for HR users after they add round details while create a Opening.
2. Also for easy and to improve the candidate approval process from now onwards HR users’ needs to provide Approver to be configured at an opening level itself.
3. Recommendation lookup value is made configurable for better handling.
4. As a part to improve the efficacy of the application, from this version, there will be no paging for adding Evaluation questions in evaluation form.
5. From this version of TalentOz a complete view of an opening is made possible. So hereafter, complete opening details in Candidate Approval form View complete Opening details, including new fields are now made visible for users.
6. Mark as Complete button is now available based on “Start Date” only.
7. New position: Budgeted / non budgeted position drop-list. If non-budgeted position, approval must be obtained from Head of Department or Executive Director.
8. The shortlisted profile of candidates now show the percentage of fitment against any hiring request of the organization.
9. A new workflow is now integrated in the system as “Management” and “Non-Management” are now available in the system. As the hiring process are different are these two categories our system is upgraded according to the industry standards.
10. The candidates who are archived for further process can be unarchived from this version of TalentOz.
11. Bulk Resume upload Option is now integrated in the system for easy and efficient handling of resumes.

1. Hint or Help text is now available for Global Department in the user interface.
2. Employee basic Info, Line Manager details and Position Details of an employee has been now available in one upload screen of an employee.
3. Also, Business Unit, Work location, Department, Job, Grade, Position Classification and Position names to be selected and assigned to the employee during Add Employee.
4. In swap entry of an employee screen a warning will be shown to alert the user while changing any data on OT dates. System will automatically check if any OverTime requests are applied on that date, In case if any OT requests then the user will be shown with the OT details.
5. From now onwards, Position status can be change to Active mode.
6. Now a reserved position is also made visible in the Career Progression of an employee.
7. From this version, HR users can edit the Base role in the organization. In previous versions users are not allowed to do any modifications in the base role.
8. Unlock login option is now available when the password provided by the Admin user failed in Login.
9. TalentOz application is now upgraded with differentiation for employees who are all login through Web Check In/ Geo Fenced/ Mobile manual Check In. So that HR users can now track the employee’s activity in a simple manner
10. Based on some inputs from our stakeholders, clients TalentOz will now equipped with an option to change the fields like “ISMandatory”, “ISunique”.
11. From this version, Managers will have search bar user interface with a list of their subordinates.

1. Leave period details report
2. WPS, NonWPS, GPSSA
3. Manage Overtime report
4. Appraisal Report – Self & Manager Feedback