Manage French Profit Sharing

The Manage French Profit Sharing business process in HR is for French customers who need to manage their profit-sharing and worker's participation agreements. Here is a summary of the features of this business process:

• Ability to define agreements and link the agreement document, giving online access to agreement definitions.

• Automatic calculation of global funds and each employee's personal fund.

• Compensation administrators can review and adjust the results of the calculation at every stage and approve fund release and track fund transfer.

• Online access for employees to view agreement and fund information.

  Employees can also update their investment settings and request release of funds.

• Integrating HR with Global Payroll for France enables you to automatically process payments for profit-sharing and worker's participation funds.

• Integration points enable you to integrate other payroll systems with Manage French Profit Sharing.

• Workflow provides automatic notification of profit sharing events for employees and compensation administrators.

• Reports provide details of employees' profit-sharing funds.