EWF Manual & Auto Contribution Guide

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EWF Manual & Auto Contribution Guide.

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Guideline: 

Step 1: Head over to All Features Tab at the top of the website 🡪 Under Action list, click on Employee Welfare Funds.

Step 2: At the Dashboard page, it shows the total amount of the funds holding. Besides, it shows the amount of funds for each of the categories.

***Please be noted that companies have 2 options to contribute in EWF.

1. Manual Contribution

2. Auto Contribution 

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Manual Contribution

1. Click on ‘Manual Contribution’.
   

1. A lump sum of money may be manually inserted in EWF. Besides, the description of the amount of money can be written at the ‘Remarks’ column.

2. Employers may decide whether the funds are distributed to all employees by ‘tick’ on the ‘Distribute to all employees’.

OR

Untick the box and manually assign a certain of employees.

4. Choose the funds that want to be allocated and insert manually the percentage for the funds. You may choose the split equally the percentage by clicking on ‘Split Equally’.

5. Click after ‘Contribute’ after done all the settings.

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Auto Contribution

1. Click on ‘Auto Contribution’.

2. Click on ‘Create New Group’.

3. Insert the title of ‘EWF Group’ and description of the group. EWF personal settings can be changed in the ‘Team Commission Setting’.

4. Scroll down to Auto Contribution. It is optional to turn on the auto contribution. It can be turned on if:

Scenario 1:

Staff A got a monthly salary of RM5,000

Staff A agrees with his employer, 5% (=RM250) of the monthly salary will be the saving in EWF. Therefore, the employer will auto contribute RM250 to Staff A monthly and give Staff A payroll of RM4,750.

Assume there are 10 staff assigned in this group. Each person contributes RM250, so the total contribution is RM2,500 monthly.

Scenario 2:

Employer want to give extra allowance monthly.

Please be noted that the contribution cycle is based on the cut-off day that is set by the company.

5. Continue scroll down to Contribution Distribution. Choose the funds that want to be allocated and insert manually the percentage for the funds. You may choose the split equally the percentage by clicking on ‘Split Equally’.

6. Click ‘Create’ after all the settings are done.

7. Auto contribution settings successfully saved. Click on ‘Edit People’ of the Default Group.

8. Assign people to the group that was created.

9. A message will prompt out. Tick on ‘I understand that this action is not reversible and wish to proceed’. Then press ‘Confirm’.

10. “XXX’s EWF Group Updated” message will prompt. Back to the ‘Auto Contribution’ page. The staff is already assigned to the group that created.