How can admin ensure that employee’s Labour Welfare Fund is calculated in payroll?

A Labor Welfare Fund (LWF) is a social security system established by some governments to promote the well-being of workers and contribute to their social and economic development.  

If Labour Welfare Fund is not getting calculated in the greytHR application, the admin must ensure that the employee is marked as eligible for receiving LWF on the Bank/PF/ESI page.
LWF is a statutory fund established by some state governments in India to promote the welfare of workers.

To include employee under LWF, the admin must perform the following actions:

1. From the greytHR Admin login, navigate to Employee > Information > Bank/PF/ESI. The Bank/PF/ESI page appears.
2. From the Search Employee search box, search for the employee whose LWF details you want to update.
3. Click the Edit icon available next to Labour Welfare Fund to update the LWF details.
4. Select the Employee is covered under LWF check box.
5. Click Save to save the LWF details.

Note: If the LWF calculation is still incorrect, kindly check your payroll configuration.

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Related Links:

Video: To watch the video on Bank/PF/ESI page, click here.

FAQs: To read more FAQs about Bank/PF/ESI, click here.

Documentation: To learn more about the Bank/PF/ESI page, click here.

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