Hive Payroll

Start your next pay cycle without spreadsheets or guesswork. Begin by setting up your workspace: import employees from a CSV or connect your HRIS, group staff by location or pay schedule, and choose currencies and tax regions. Define earning types (salary, hourly, overtime, bonuses) and map standard and custom deductions like PF/ESI in India, 401(k) in the U.S., or other benefits. Add approval steps for HR, finance, and site managers so nothing moves forward without review. Invite employees to the self-service portal to confirm bank details, update personal data, and submit proofs for tax-saving investments. With roles and permissions in place, your team can collaborate securely from anywhere.

When it’s time to run payroll, pull in timesheets and attendance with one click. The system reconciles hours, leave, and allowances, flags outliers, and computes gross-to-net automatically—including TDS for Indian entities and local withholding where applicable. Preview pay registers and per-employee statements, run simulations for bonuses or pro‑rated joins/exits, and finalize after approvals. Disburse via direct deposit, or print checks if some sites still require them. Need to pay a global team? Pay groups can execute in multiple currencies, while the platform tracks exchange rates and handles regional tax rules. Off‑cycle runs for corrections or incentive payouts are supported without disrupting your regular schedule. more