Food Benefits
An employee can avail food benefit-in-kind from their employers.
A food benefit-in-kind can be created with two calculation methods:
- Flat Amount
- Unit by Rate (most common method)
To create a food benefit-in-kind using a Unit by Rate calculation method:
Fastpath:
- Using the Elements task, create a new element.
- In the Create Element window, create a Benefit-in-Kind element with the
following values:
Field Description Secondary Classification Food benefits Category - Standard: If the element is set up with a Standard category, during the payroll run, the number of days is resolved based on the employee’s work schedule.
- Timecard: If the element is setup with a Timecard category, during the payroll run, the number of days is resolved by based on the timecard entries.
Note: The Processing Type of this element should be set as Recurring, to be processed in each payroll period.Is this element subject to proration? No Note: Typically benefits-in-kind are not prorated. Refer to Overview of Reconstituted Salary to configure this benefits-in-kind, if it needs to be part of the reconstituted salary.Rule Type Unit by Rate calculation - In the Element Entries page, enter the required details in the General
Information tab, to associate this benefit-in-kind to the relevant payee:
- Periodicity: Calendar Month
- Number of Meals per Day: 1 (can be overridden)
- Save and submit the details.
Note: If the employee is an apprentice, the pay value is 75% of the daily rate. The meal
value is seeded using the calculation value definition, Standard Meal Rate.