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Glossary

TermMeaning
Approver groupA set of people who can approve a request at one step of a workflow.
Attendance groupA set of employees who share the same attendance rules.
Comp-offCompensatory leave earned for working on a week off or holiday.
CTCCost to company. The Indian name for the total package.
Employee code seriesThe pattern used to generate employee codes.
Employer contributionsWhat the company pays for an employee on top of gross pay, such as employer PF, ESI and gratuity.
Gross salaryTotal earnings before deductions.
Holiday calendarThe list of holidays that applies to a group of employees.
Leave groupA set of leave types that applies to a group of employees.
Leave typeA kind of leave, such as casual or earned leave, with its own rules.
LOPLoss of pay: days not paid because of absence or unpaid leave.
Module configuration yearThe period a module's configuration applies to.
Net payGross pay minus employee deductions and tax. What reaches the bank.
Pay structureThe set of salary components and rules that define an employee's pay.
Payroll calendarThe pay periods, with their attendance cut-off and pay dates.
Payroll runOne payroll calculation for a pay period and a set of employees.
RegularisationA request to correct an attendance record, such as a missed swipe.
Salary componentOne line of pay, such as Basic, HRA or a deduction.
ShiftWorking hours that apply on a working day.
Total packageGross pay plus employer contributions for the year. Variable pay and one-time payments are not included. Called CTC in India.
Week offThe weekly non-working days for an employee.

India statutory terms​

TermMeaning
EPF / PFEmployees' Provident Fund contribution.
ESIEmployees' State Insurance contribution.
LWFLabour Welfare Fund contribution.
PTProfessional Tax, deducted per state rules.
TDSTax deducted at source from salary.
VPFVoluntary Provident Fund: an employee contribution above the statutory PF.