Employees are required to contribute monthly to the fund representative of the community they are a part of. An employee may opt-out or contribute a different amount by completing the relevant forms with the respective Self-Help Group (SHG) funds.
The contribution amount deducted is dependent on the wages of the employee. You can refer to our "Employee Contributions to Self-Help Groups" article to view a list of the respective contribution amounts.
In the event your employee has obtained an approval from his/her respective Self-Help Group (SHG) funds to contribute a fixed amount instead, do reach out to us via our in-app support channel* so we can help you to tweak the settings on our end. Thereafter, future SHG amount in payroll will be calculated as a fixed value.
(*Admins won't be able to edit the SHG contribution amount in payroll. Reason being, the default setting is to calculate based on the employee's gross salary as it is a fixed amount set by the respective funds.)
Prior to tweaking the settings, it is our company's policy to obtain the following information from Admins of the company:
1. Employee's name
2. SHG fund type
3. Updated SHG fixed contribution amount
4. A screenshot of the letter from SHG fund that states the approval of the new contribution rate