Below, you'll find responses to frequently asked questions that we often encounter:

An employee stock purchase plan (ESPP) is a program public companies can offer that allows you to buy shares of your company’s stock—usually at a discounted rate. As an employer, you can now configure the percentage of ESPP to calculate in Talenox.
​

Step 1: Head over to Profiles > Employee Listing > Current Job Details and select Yes to enable Monthly ESPP

Step 2: You can state the percentage of ESPP from 1 to 100 for the system to calculate and we support decimal points. The only and default pay item to be calculated for ESPP is Basic Pay.

Step 3: When you process payroll, the ESPP will appear under Step 3: Select Additional Pay Items
​

In Month Total, the ESPP deduction amount will be reflected under Others in Payroll Summary.
​

This is the end of the guide on how to set up ESPP in Talenox. If your company have other existing pay items that you wish to include in the total calculation for ESPP, please kindly reach out to our in-app support channel or support@talenox.com with the list of pay items to be included. 👍