If the deduction amount for the bike to work scheme is incorrect, follow the steps below to check the allowance value in People Management.
Calculation of deduction amounts
For monthly paid employees: The deduction is calculated as Allowance value / 12.
For weekly paid employees: The calculation is as follows:
Allowance value / Days in the year = Rate * Days worked
📌Note: The Days in the year value is determined at the pay group level.
Steps to verify allowance values
To check the allowance values, follow the steps below in Portal.
From the dashboard menu, select People Management.
Click Dashboard then beside Employees, click VIEW.
In the Search field, search for the employee, then click VIEW.
Click Allowance then beside the relevant allowance, click Edit.
Ensure the allowance value is correct. If it is, check if the pay code for the cycle to work scheme is set correctly.
If the balance is intended to be a reducing balance, on the allowances tab of the pay code, turn on the Reducing Balance indicator.
📌Note: If this is not enabled, the deduction will continue indefinitely.
If you have verified all details and the issue remains unresolved, please raise a new case online and reference the title of this article. Include the following details:
Employee number
Cycle to work pay code