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December 14, 2020
Question

I am finding old/conflicting info regarding the easiest way to give my employees an end-of-year bonus with a standard plan online Payroll.

  • December 14, 2020
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1 reply

Steven_Product Champion
December 14, 2020

Hi piker, 

 

With adding in end-of-year bonuses for your employees you will want to take a look at processing a Lump Sum Payment in your pay run to do this. Processing lump sum payments such as commission, bonus and back payments can be done so by aggregating the tax across a number of pay periods, depending on the method selected.

 

To do this, please have a look at the payroll guide by clicking here to see the latest steps in processing this type of payment. 

 

Let me know if you have any questions, and if you need further assistance going through the steps please don't hesitate to reach out to our friendly support team by clicking here.

 

Thanks, 

 

-Steven