Employees are entitled to flexible benefits which they can either receive pro-rata (as part of their Salary) or as a lump-sum amount when they claim the benefit. In order to choose from various flexible benefits which an Employee shall receive on a pro-rata basis, the employee should create a new Employee Benefit Application.

Navigation : Home > MY Tax & Benefits > Benefits > Employee Benefit Application

Prerequisites

Before creating an Employee Benefit Application, it is advisable you create the following documents:

            • Employee
            • Salary Component

1. Click on ‘Employee Benefit Application’ under [Benefits] section and you will arrive at Employee Benefit Application Listing
2. Click ‘+ Add Employee Benefit Application’ to create a new Employee Benefit Application.
3. Select Employee, Date, Payroll Period and Company.
4. Once Employee is selected, the Currency, Max Benefits (Yearly) and Remaining Benefits (Yearly) will be fetched.
5. Insert the Earning Components that will be receive pro-rata (as part of their Salary). The maximum amount set for this Earning Component will be fetched.
6. Add all benefits that will be entitled to the employee into the table. The Total Amount will be shown below, system will also show the Total pro-rated amount for all benefits.
7. Click Save and Submit a new Employee Benefit Application will be created.

Notes:

1. Employees can only submit one Employee Benefit Application for a Payroll Period.
2. Here, Employee can view the Max Benefits as per the Salary Structure Assignment and then chose from the Earning Components which are part of the employee's assigned Salary Structure. They can also enter the amount which they wish to receive as part of their Salary Slip.
3. It is based on the Employee Benefit Application that the Max Benefit Amount will be distributed among the flexible earning components while generating the Salary Slip. If an Employee fails to submit the Employee Benefit Application before processing the payroll, the Max Benefit Amount eligible to the employee will be distributed proportionately to each of the flexible components present in the Employee's salary structure.

Notes:

1. Employee Benefit Claim