So, you are considering Timelabs.
You’ll be wondering if it’s a good choice for you, if its feature set compares well to other options on the market, and if it is priced affordably enough for what you get.
This article will break all that down for you and more.
Plus, at the end of the article you’ll find links to alternatives to Timelabs as well as our top picks for the options in this category.
Or, just go straight to Our top picks for Best payroll management software.
Without further ado, let’s get started.
Timelabs was founded in 2009 with the aim of helping businesses to integrate biometrics and attendance data. It has since transformed into a cost-effective HR and payroll solution. Timelabs automates all operations, including recruitment, onboarding, employee management, payroll and time attendance – making it a highly resourceful HR and payroll software.
Here are some exclusive features of Timelabs:
Payroll Dashboard: Timelabs’ payroll dashboard groups common pay components to the same pay structure. Admin can define various tax components according to the company’s requirements. Additionally, Timelabs lets you apply your bonus rates and gratuity conditions effortlessly and accurately.
Hiring & Onboarding: Timelabs’ effective and consistent onboarding program ensures that your new employees are engaged and integrated into your corporate culture. It offers automation and a streamlined approach to guide new hires through the onboarding phases.
Performance Management: Timelabs offers a performance management system to boost your workforce capabilities. It enables continuous performance management, improves feedback frequency and automates performance review reporting. With Timelabs, you can motivate your employees and fill in the cracks between missing links of ambitions and outcomes.
Employee Self-service: Timelabs’ employee self-service system helps in reducing the cost of HR operations. It allows your employees to feed and check data and lets your human resource team concentrate on strategic and growth roles. Timelabs’ ESS dashboard is capable of producing in-depth analytic data.
Time Attendance: Timelabs allows you to get fast and comprehensive timesheets. You can define multiple time, shift, week and overtime rules. Moreover, its attendance system calculates late and early entries for each employee according to the defined time policy. You can shift the roster to predefine and preplan employee shifts.
Timelabs offers an on-request pricing quote for its payroll and HR management solution.
Timelabs Discounts and Coupons
Timelabs currently does not offer any discounts or coupons for its payroll management system.
Timelabs, A short how-to guide
Once you login to your Timelabs account, you’ll enter the dashboard section. Here, you can see your ongoing payrolls, time-off requests and latest expenses.
Click on “HR” to enter the onboarding section inside Timelabs. Here, you can process applications, view employee timesheets and approve bonuses or leaves.
You can go to the “Reporting” section to build new reports and set up KPIs to analyze your growth. Go to the “Payroll” section to manage your tax and pay components. Click on “Performance management” to monitor your workforce and add incentives to motivate them.
What Payroll Software would you recommend?
In short, It’s RazorpayX
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