Streamline Compensation & Benefits Management

A salary structure is a framework that defines salary grades (levels like Junior, Mid, Senior) and steps (progression within each grade). Each grade has minimum, midpoint, and maximum salary ranges. You can create multiple structures and assign them to specific org units, positions, or employee types using applicability rules. The system supports multiple currencies (VND, USD, EUR, JPY).

Each employee is assigned a base salary linked to a grade and step in a salary structure. You can add fixed-amount or percentage-based allowances (such as housing, transport, or meals). The system automatically calculates total allowances and gross salary. Payment details including bank account information and tax-related data like number of dependents are also managed here.

Noova supports six salary review types: annual reviews, promotion-based increases, merit increases tied to performance, market adjustment corrections, probation-end reviews, and special reviews. Each review goes through a configurable multi-level approval workflow. Approved reviews automatically update the employee's salary on the specified effective date.

The platform supports 12+ benefit types including health insurance, life insurance, dental, vision, retirement, pension, gym, meal, transport, education, childcare, and wellness. Each benefit has configurable coverage options (employee only, employee + spouse, employee + family), employer/employee cost splits, provider details, and eligibility rules based on tenure, grade, and employee type.

HR administrators create benefits plans with specific benefit items, coverage options, and cost configurations. Plans can be assigned to specific org units, positions, or employee types. During open enrollment periods, eligible employees are enrolled in their applicable plans. The system tracks dependent information and calculates total employer and employee costs.

There are five report types: salary cost reports (total spending by department and position over time), benefits cost reports (employer and employee contributions across plans), compensation comparison reports (side-by-side analysis across departments), headcount analysis reports (employee counts and movement trends), and salary review summary reports (outcomes from review campaigns). All reports can be filtered by date range, department, position, and employee type, and exported to Excel, PDF, or CSV.

Leave management is part of the Time & Attendance module and integrates with compensation. You can define leave types (annual, sick, personal, etc.) with configurable accrual rules, support half-day and hourly leave options, manage leave balances with carryover policies, and process leave requests through approval workflows. Paid vs. unpaid leave types help track the compensation impact of time off.