How do I add my employee records to FinFlx?

Adding employee records onto FinFlx is a very easy process. Your HR team will have the option to add employee records either by filling in the employee details directly on a table interface (suitable for adding 10 records or less), or by downloading our standard template and filling in the details offline from existing company records (suitable for large records). The best part is, you only do this process once. FinFlx maintains all the records up to date on your behalf.

What employee information does FinFlx require?

To calculate your company’s gratuity liability accurately and in timely manner, FinFlx requires the basic employment details of each of your employees, like hiring date and basic salary. This way, your gratuity liability is accurate without your team having to maintain multiple spreadsheets and financial models.

What happens when I hire someone new?

When an new hire (or group of hires) are onboarded, your HR team can add their employment records onto the platform. This will not affect the existing gratuity liability. However, it’s very important for the purpose of forecasting how this liability evolves over time.

What happens when an employee is leaving?

For leavers, whether through resignation or termination, your HR team will be able to offboard that employee (or group of employees) off the platform. You can specify their last working day, and reason of leaving (resignation/termination) and the system calculates accurately how much do you owe to each employee.

Does the gratuity scheme cover all employees?

FinFlx Gratuity Scheme covers all employees that are foreign expats (non-GCC nationals) who are on a full time employment contract registered with UAE’s MOHRE.

Employee Records Management| FinFlx

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FinFlx Workplace Solutions Ltd, is duly registered in Dubai International Financial Center (DIFC) under the license number CL6141, to perform the commercial activities of “Software House, Technology Research and Development”, with its registered address at Unit 2, Level 7, Gate Village building 10, DIFC. FinFlx Workplace Solutions Ltd is not authorized to provide any regulated financial services or perform unauthorized financial activities.

FinFlx Investment Management Ltd, is incorporated under the Laws of the Abu Dhabi Global Market (“ADGM”) under license number (000006863), regulated by the Financial Services Regulatory Authority (“FSRA”) under reference number (210003) as a Category 3C license and authorized to perform the activity of Managing Assets with Retail Clients and Holding and Controlling Client’s Money, having its registered offices at Suite 515, 15th Floor, Al Sarab Tower, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, UAE.

Both entities, FinFlx Workplace Solutions Ltd, and FinFlx Investment Management Ltd are members of FinFlx Holding Limited, a holding company duly incorporated under the Abu Dhabi Global Markets (ADGM) laws and holding license number 000005153.

The content of this page is for information purposes only and is not intended as a recommendation or financial advice. Any indication of past performance or emulated past performance on this site is not an indicator of future results. All investments carry risk, clients might end up receiving less than the amount invested. The client carries the sole responsibility for assessing the risks associated with all investments carried out at FinFlx Investment Management Limited.

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