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Flexible Benefit Plans
Chances are you will hardly find any one else that provides a powerful Flexible Benefit Plan module like Folklore offers. Coupled with the Employee Self Service facility, the Flexible Benefit plan lets you please & motivate your employees without breaking into a sweat.
- Define and manage independent flexible benefit plans for EACH & EVERY employee!
- Monthly and annual components that can be self-reviewed by an employee any time he or she desires!
- Each employee’s salary processed according to the plan specified for the employee.
- Change the plan with effect from a previous month. Arrears calculated accurately.
- All unclaimed balances paid off to employee at the time of settlement or during the year-end.