If the ETI Minimum Wage Rate per Hour component is configured on company level, will the system automatically initiate the ETI calculation on employee level?

This feature is available on all Deel Local Payroll powered by payspace editions
No. If the ETI Minimum Wage Rate per Hour component is configured on company level, but not employee level, the system will not initiate the ETI calculation in the background.
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Notes
Option 2 - The Bulk Actions screen
Navigate > Bulk Actions
Important
ETI will not calculate if this component is not configured on company and employee level.