Multiplier Logo
Loading Animation Image

Global Work Glossary

Lost in a maze of global employment jargon? Find your way out with our handy collection of work and HR terminology

Search Icon
# A B C D E F G H I J L M N O P R S T U V W X Y Z

Supplemental pay

What refers to supplemental pay?

Supplemental pay is additional money that’s provided to employees outside of their regular wages or salary. This most often comes in the form of bonuses, sales commissions, overtime pay, accumulated sick leave, severance pay, vacation pay, back pay, tips, and retroactive pay increases.

It’s important to note that some types of supplemental pay are mandatory in certain countries. For example, companies in some states in the US have to pay accrued vacation pay to employees who leave. Using an HR platform such as Multiplier allows you to stay on top of making the right payments at the right times with automated notifications and calculations.

A centralized system can also allow you to ensure accuracy where supplemental pay can make things complicated. For example, unlike a regular salary, supplemental pay can be paid out at any time of the month. This means you have to consider the tax implications and employee withholdings every time you pay someone a bonus or commission.

As well as tracking all payment details, Multiplier ensures that you pay the right tax and helps you manage all benefits correctly. This means increased ease and efficiency in the payroll process.

Ready to take the leap? Choose Multiplier as your EOR partner

Gain fresh perspectives

Take a look at our new blogs and e-books

a-guide-to-mastering-payroll-reports

Choosing the Right HR Document Management Software for Your Business

Read more

Mp More Link Arrow Right
How-to-Master-Payroll-Reports-A-Guide-to-Streamlining-Financial-Insights-and-Compliance

How to Master Payroll Reports: A Guide to Streamlining Financial Insights and Compliance

Read more

Mp More Link Arrow Right
how-to-hire-the-best-talent-from-canada

From Rockies to Office: How to Hire the Best Talent from Canada

Read more

Mp More Link Arrow Right
Footer 24x5 New Img2x

An all-in-one international employment platform