Growing Fixed HR Formulas

Apply a percentage growth to a fixed HR Formula for selected months

If you are using our Fixed type of HR Formula for things like Health Insurance, Mobile Phone fees etc, you may sometimes want to increase the amount in the middle of the year as rates change.

This can be achieved in Budgyt on the Edit formula screen. Go to Employees > Manage HR Formulas, click the edit tool for the formula you wish to work on, and just below the Type buttons you'll see a Raise % row. Enter your percentage as a decimal (e.g. 5% = 0.05 - this may be negative as well as positive) for each month that the raise is applied, then click Recalculate on the Total grid below your original data entry to see the total including the raise.