Life Insurance
Life Insurance is calculated for employees whose Life Insurance field is Y in the Employee Registry. The calculation is made according to the following criteria:
| • | The Life Insurance Base is obtained from the sum of all revenue budgets and the subtraction of all deduction budgets existing in the employee transaction and with positive incidence for Life Insurance (Life Insurance). If the result is equal to zero, the Salary-Base-Month value is considered as the Life Insurance Base. |
| • | The Life Insurance Base is compared to the ranges defined in the parameter Life Insurance, determining the Deduction Percentage of Life Insurance and the Cost Percentage of the Company. |
| • | If the Life Insurance Base value of the parameter is filled in, the Deduction Percentage of Life Insurance is applied to this value. Otherwise, the percentage is applied on the Life Insurance Base, resulting in the value to deduct from the employee. |
| • | Following the same criterion of the Life Insurance Deduction, the Cost of the Company is calculated. The difference is the percentage used that, in this case, is the Cost Percentage of the Company. |