How do I create a group life scheme on company level?
This feature is available on all PaySpace editions
Employer-owned insurance policies, such as a Group Life Policy, where the company contributes on behalf of their employees, should be set up as a Payroll Fund.
Navigate > Configuration > Payroll > Administer Payroll Funds > Group Life Setup
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This feature is available on all PaySpace editions Once the Group Life scheme has been created, the corresponding employee deduction and company contribution components have to be set up on company level before linking them to employees. Step 1: ...