Once a claim is 26 weeks old, it may no longer be offset up to 10% below the equivalent of the Dutch Minimum Wage and Minimum Holiday Allowance Act (WML). From 26 weeks, you may only use the space above the equivalent of the WML for repayment. To support this, Profit will automatically transfer claims to a deduction after 26 weeks from the 2024 compensation year. This now continues to allow automated repayment of the outstanding amount.
From Profit 2, you can exclude employees who are employed but for whom no hours have been processed from providing an annual statement. For each employer, you can set whether this annual statement should be provided to the relevant employees. You can still deviate from this in the Output wizard for providing the annual statement.
You will find the new preference setting Do not display the annual statement without amounts at the employer on the Payslip/annual statement tab.
Employees on active temporary employment (placement) contracts are entitled to continued pay on general nationally recognised holidays provided they are not on Saturdays or Sundays. For Christmas and New Year's Day, this means that employees should be paid the wages they would normally receive if they had worked on those holiday(s). To determine wages, the reference period is considered.
As of Profit 2, the following two changes are implemented on the determination of the Reference period:
Profit automatically uses the updated calculation of the reference period when you add a new holiday in Profit 2 via HRM / Flex / Public holiday hours.
Existing holidays should be opened so that Profit updates the data when the workflows have not yet started. For holidays where workflows have already started, you must manually correct the differences yourself.
In Profit 22, a lot of functionality for the year-end bonus (EYB) is included in the hirer compensation. From the 2024 compensation year, an extension is available with
Profit 2.
For example, you can now split the EYB invoicing by cost centre sales contact. You set the Cost centre sales contact on the customer agreement and you can set a different value on the statement. Profit now takes the cost centre sales contact from the original claim on which the reservation was built up to the pay-out claim, so that the invoice is also itemised by cost centre for the end-of-year bonus. To do this, the EYB invoicing is split per cost centre is added to the customer agreement. This configurations works for both annual and periodic EYB invoices.
In addition, the EYB's periodic invoicing is broken down by the employee's week worked, resulting in a clearer invoice.
This functionality will be patched on Profit 2 and is expected in January.
Starting in 2024, there will be one legal minimum hourly wage for all employees.
Profit itself determines the minimum hourly wage, which is the amount from the highest age in the wage/salary scale rule. Collecting the "Hours per week" is no longer necessary.
Employees who turn 18 on or after 1 January 2024, will start accruing pension weeks in the basic plan beginning the week of their birthday.
From 1 January 2024, the entry age for StiPP's basic scheme will be lowered from 21 years to 18 years. Employees who are 18 or older (and younger than 21) on 1 January 2024, will enter the basic scheme from then on and start accruing pension weeks in that scheme.
Employees who turn 18 after 1 January 2024, will start accruing pension weeks in the basic plan on the date of their birthday.
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