The 6-Month Rule Explained 📝
In CP 200, there's an important rule about end-of-year premiums (EYP): employees must have at least 6 months of seniority when the premium is paid in December to be entitled to it.
⚠️ Disclaimer: While this is the general rule in CP 200, employers can choose to be more generous and grant an end-of-year premium to all employees, regardless of their seniority. The guidelines below are relevant for employers who apply the standard 6-month rule.
Registration Guidelines
✅ January to June hires: Register these employees in Payflip as they will have 6+ months seniority by December
❌ July to December hires: Do not register these employees in Payflip for their first year, as they won't reach the required 6 months seniority by December.
These employees can be registered in Payflip starting from the following calendar year, when they will be eligible for the end-of-year premium.
Examples
✅ An employee starting on March 15th should be registered in Payflip as they will have more than 6 months seniority by December.
❌ However, an employee starting on September 1st should not be registered until the following year.
Important Note
This rule only applies to the first year of employment. After the first year, all employees should be registered in Payflip as they will meet the seniority requirement.
Need Help? 💬
If you're unsure about when to register an employee, reach out to our customer success team through the chat function. We're here to help! 💙