Staff motivation and the fulfillment of collective wage agreements are two main reasons for the introduction of incentive and premium wage systems. The calculation of performance-related wages is not trivial and the cost of calculating them is significantly higher than for fixed wages. This complexity is no longer manageable with traditional methods (e. g. paper wage slips or, manual input).
An integrated Manufacturing Execution System (MES) such as HYDRA provides a reliable system for the correct calculation of wages - automated and without interfaces - using HR master data and working hours, order/operating data, quality indicators and machine data.
The HYDRA module Premium & Incentive Wages (LLE) can be extensively configured for the calculation of wages. This ensures the integration of a variety of wage models without time-consuming programming. HYDRA LLE is familiar with a wide range of remuneration options (e. g. piecework pay, time wage, group piece rate, volume bonus, quality bonus) as well as many other types of incentive pay and deductions. The results are subsequently available to staff and supervisors and are then forwarded to the payroll system once approved.
Benefits of calculating premium and incentive wages with HYDRA LLE
- Increasing employee motivation without additional data input
- Absolute objectivity and reliability of the data sources for performanceoriented remuneration
- Guaranteed fulfillment of standard wage agreements
- Significantly less paper usage compared to conventional methods for performance recording
- Full transparency for the employee regarding current performance levels
Many business units across the enterprise can benefit from an MES system such as HYDRA. Our ROI Analyzer reveals the untapped potentials that are still hidden within your production processes and will show you how they can be assessed monetarily.