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Bonus amount to be paid in 3 installments

Summary:

There is a column of final bonus amount in the compensation worksheet. This final bonus amount has to be paid in 3 installments that is June (Current Year), December (Current Year), December (Next Year).

For Example: If we have compensation for 2024 cycle, the bonus has to be paid in June 2024, December 2024 and December 2025.

How can this be done? Can it be done from the Compensation side or the payroll side.

There will be a situation of overlapping as well. How can this overlapping situation be handled.

Content (please ensure you mask any confidential information):


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