In this uncertain climate, lots of organisations are having to make difficult decisions on how they should manage pay costs – cut pay, or furlough employees?
That’s why Innecto is giving away a free furlough calculator to our Reward Community. This allows you to quickly and easily model furlough arrangements and reduction in pay for your employees, so you can see the impact this will have on your business.
Because of the ever-changing landscape, we are seeing that furloughing is being done in tranches, and what was unclear when the first phase was completed is clearer now. Our furlough calculator gives you the ability to go back and run the numbers of the first tranche as well as planning for the next, providing you with valuable insight.
We want to take the pain out of managing calculations by giving access to a tool which does the numbers for you. It will also help you track and understand the impact of decisions in the short term and your next pay cycle.
Our tool gives Board-quality modelling to HR teams and helps them navigate through complex and evolving criteria, and, as an Excel modeller, it’s responsive and easy to work with, so you can get started straight away.
