PF (Provident Fund), Labour Welfare Fund (LWF), and ESI (Employee State Insurance) are social security schemes that offer financial and medical benefits to employees.
To enable/disable PF/ESI/LWF by default for newly joined employees, the admin must perform the following actions:
From the greytHR Admin portal, navigate to the Settings icon > System Settings > Payroll > Payroll Preferences. The Payroll Preferences page opens.
Under the Statutory-India section, enable/disable the Enable Provident Fund (PF) for all newly joined employees, Enable Employee’s State Insurance (ESI) for all newly joined employees, and Enable Labour Welfare Fund (LWF) for all newly joined employees options as per your requirements.
Click Save. A success message appears.
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