How do I create a group life scheme on company level?
This feature is available on all Deel Local Payroll powered by payspace payroll 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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About Employer-owned insurance policies, such as an Income Protection Policy or Personal Health Insurance Scheme, where the company contributes on behalf of their employees, should be set-up as a Payroll Fund. The Income Protection Policy or PHI ...How do I set up a group life scheme as an approved scheme?
This feature is available on all PaySpace editions To set up a Group Life scheme as an approved scheme, enable the "approved scheme?" checkbox when creating or editing the scheme. Navigate > Configuration > Payroll > Administer Payroll Funds > Group ...How do I configure the system so that the Group Life company contribution component automatically results in a corresponding Fringe Benefit component?
This feature is available on all PaySpace editions To ensure that the Group Life company contribution component automatically results in a corresponding fringe benefit component, ensure that the selected scheme is not marked as an "approved scheme" ...