1.2.4 Onboarding Initiation - Employment

Details about the customer’s source of income are added to the Employment screen. Employment details are necessary for the bank to determine the stability of the customer.

The Employment data segment captures employment details of a retail party. A retail party can be employed as salaried or self-employed profession.

Salaried - A salaried employee is a person who works for an organization and receives a fixed and regular compensation for the services provided to the organization.

Self-Employed/Professional - A self-employed person does not work for a specific organization and works for oneself as a freelance or the owner of a business rather than for an employer.

Note:

The fields, which are marked with an asterisk, are mandatory.

1. Click Next in the Basic info screen to add the employment details.
   The Employment screen displays.

   Figure 1-27 Initiation - Employment

   
   

   
   Description of "Figure 1-27 Initiation - Employment"

   
   
2. Click + button to add the employment details.
   The Employment screen is displayed.

   Figure 1-28 Employment – Salaried

   
   

   
   Description of "Figure 1-28 Employment – Salaried"

   
   

   Figure 1-29 Employment – Self-Employed/Professional

   
   

   
   Description of "Figure 1-29 Employment – Self-Employed/Professional"

   
   
3. On the Employment screen, specify the fields.
   For more information on fields, refer to the field description table.

   Table 1-27 Employment - Salaried - Field Description

   Field	Description
   Education Type	Select the education type from the drop-down list.
   Organization Name	Specify the organization name.
   Organization Category	Specify the category of the organization.
   Demographics	Select the demographics type of the organization from the drop-down list.
   Employee Type	Select the employee type from the drop-down list.
   Employee ID	Specify the employee ID of the customer.
   Employment Start Date	Click calendar icon and select the employment start date.
   Employment End Date	Click calendar icon and select the employment end date.
   Grade	Specify the gradeof customer in the mentioned organization.
   Designation	Specify the customer’s designation in the mentioned organization.
   I currently work in this role	If the mentioned designation is customer’s current role, select this check-box.
   Industry type	Select the industry type to which the employer belongs to from the drop-down list.

   Table 1-28 Employment - Self-Employed/Professional - Field Description

   Field	Description
   Profession Name	Select Name of the profession from drop down list.
   Profession Description	Specify description of the profession.
   Company/Firm Name	Specify name of the company or firm.
   Registration Number	Specify Registration Number of self-employments.
   Professional Email ID	Specify Processional mail ID.
   From Date – To Date	Specify start date and end date of self-employment.

4. Click Submit.
   The employment details are added and listed in the Employment screen.

   Note:

   You can also select the required item from the list and click Edit/Delete to modify/delete the added asset details.
5. Click Next to move to the Financial Information.