In this article, we'll cover:
How company benefits work in Onfolk
How to add a company benefit for an employee
How to add company cars to Onfolk (coming soon)
How to edit or delete a company benefit
Payrolled benefits in Onfolk
Before adding a company benefit in your Onfolk portal, you'll need to be registered to payrolled benefits. For more details, head to our guide.
How company benefits work in Onfolk
Set at employee level
For every benefit, you'll need to enter the company benefit for every employee who signs up to it.
If the premium or payment schedule changes, you can also update this directly in the employee profile.
Once set up, everything is automated
Once you've inputted company benefits for all employees, everything gets automatically populated in payroll every month. Onfolk will work out the tax due and deductions.
How to add a company benefit
Head to the employee's profile > "Work & Pay" > scroll all the way down, to "Benefits"
Click on "Add benefit"
Add your benefit:
1: "Benefit type": select the type of benefit you're adding for the employee
2: Description: this is what we'll appear on the employee's payslip
3: Value of benefit (per period): this is the cash value of the benefit paid by the company for each payroll cycle.
4: Employee's contribution: enter in this section which amount of the benefit value the employee contributes towards the benefit. This will not be deducted from their payslip. For example, this might be any payment that is made to the provider for dependents of employees that they pay out of pocket.
Click "Save", and you're done ✅
You can add as many company benefits for each employee as you need to.
From this point, Onfolk will populate the cash benefit in payroll every month. There isn't anything else you need to do from this point.
How to edit or delete a company benefit in Onfolk
Once you've added a company benefit to an employee's profile, you can easily edit or delete the benefit in Onfolk:
Head to the employee's profile > "Work & Pay" > scroll all the way down, to "Benefits"
On the right-hand side of every company benefit added for the employee, you'll see 3 options: "view", "edit" or "delete".
Whether you want to edit the benefit set up or delete it, select the right option.
If you wish to delete the company benefit, this action will be effective from today's date. It is not retroactive.
Same goes for editing benefits.
Any questions or feedback? Say hello 👋 at [email protected].