Disability Cost Calculation Based on Total Covered Pay
When setting up age-banded and standard rate disability plans, users can now calculate premiums based on either an employee’s total salary or their coverage amount per month.
What this means for your team
For HR teams in Ireland and the UK, this BambooHR update translates into tangible improvements across your day-to-day workflow. Here is what it means in practice:
- Simplifies open enrolment so employees make informed benefits choices
- Reduces HR time spent on benefits administration and carrier queries
- Keeps benefits records accurate and in sync with payroll automatically
- Supports a compelling employee value proposition to attract and retain talent
Want this feature live for your team?
Grouper implements and configures BambooHR for organisations across Ireland and the UK. Talk to us about enabling the features that matter most to you.
