How can admin edit a considered FBP plan?

FBP or Flexible Benefits Plan is a compensation structure offered by some employers to their employees. It allows them to customize and choose from a range of benefits according to their individual needs and preferences.

To edit a considered FBP plan, the admin must perform the following actions:

1. From the greytHR Admin portal, navigate to Payroll > Admin > FBP Planner. The        FBP Planner page opens.
2. Click the Considered Plans tab. The list of employees whose plan is considered for payroll appears.
3. Click the Edit icon available in the Edit column for the required employee. The FBP Edit pop-up appears and displays FBP Item, Limit, Full Allocation, Comments, Declared by Employees, and Annual Values details.
4.  Double-click the cell under the Full Allocation column to enter the new amount of the component.
   Note: This step is necessary if you want to modify the FBP plan declared by the employee. You can modify the full allocation value on behalf of the employee.
5. Click Save to edit a considered FBP plan.

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Related Links:

Video -

• To watch video on Create and release FBP declaration for employees, click here.
• To watch video on Declare FBP on behalf of an employee, click here.

FAQs: To read more FAQs about FBP, click here.

Documentation -

• To learn how to create and release FBP, click here.
• To learn how to declare FBP on behalf of an employee, click here.
• To learn how to create new FBP policy, click here.

Product Update: To read about the product update, click here.