You can manage the pension rate that will apply in your company.
To view the pension rate
- Click on the menu ‘Settings’
- Select ‘Payroll Setting
- Select Pension Rates
How to update the pension rate
- Click on the menu ‘Settings’
- Select ‘Pension Rate’
- Click the action button at the end of the pension rate record to edit
- Enter employee rate (percentage value)
- Enter employer rate (percentage value)
- Enter Upto range
- Enter the effective date (the date from which the rate will apply)
- Click save changes