Why is admin not able to create FBP for employees?

A Flexible Benefit Plan, is an employee benefit program that allows employees to choose from a range of pre-tax benefits and allocate a portion of their compensation to these benefits based on their individual needs.

The admin is unable to create FBP for employees for the following reasons:  

1. If the FBP entitlement is not available.
2. If the FBP plan is already created and released for the employee.

To create an FBP, the admin must perform the following actions:

1. From the greytHR Admin portal, navigate to Settings icon > System Settings > Payroll > FBP Policy. The FBP Policy page opens.
2. Click the + Add Policy button. A form appears.
3. In the Policy Name text box, enter the new policy name.
4. From the Effective From dropdown calendar, select the required date.
5. Click Save to add a new policy. The policy appears on the FBP Policy page with the status In Progress and icons to edit the header, edit the policy, and delete the policy.

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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.