Flare HR
- Meenakshi Razdan
- Georgina Ganson
Introduction
Flare HR offers paperless onboarding, members benefit and management of the Superannuation Fund. The Superannuation Fund is an organizational program created for the benefit of members. This tool empowers members to submit or update their Superannuation Fund. The choice of superannuation fund is an important personal financial decision .
Entire OnHire has signed a strategic partnership with FlareHR to improve the onboarding process of applicants by automating the update of superannuation funds details without any manual intervention from staff users to maintain the latest superannuation funds. FlareHR is committed to maintaining the changes in the superannuation companies including any new super fund introduction. Due to this feature, the system automatically updates the Entire OnHire superannuation master without applicants or staff requesting a new super fund if missing.
Also, the partnership with FlareHR is a long-term relationship to introduce the benefits of early wage access for members to withdraw up to 35% of their salary immediately after submitting the timesheets within 24 hours without any agency obligation. For the successful payments withdrawals to members in the future out of Flare bank, it is important to have the correct financial details which are most up to date. We had numerous clients complaining that members either did not know their super details or would enter the incorrect super details.
Please note - we cannot remove or swap to any other featured fund as it is a part of our strategic partnership with FlareHR and also the listing of funds is not controlled by us.
On completing onboarding, the Superannuation Fund selection allows members to select the existing superannuation fund, or the option to select a new Super Fund with ease.
The Superannuation Funds are mainly categorized as Major Funds and Self-Managed Funds. In the Entire OnHire, the available Superannuation Funds are selected from the Default Fund, My Own Fund or Self-Managed Fund.
Before selecting your Superannuation Fund, always consider the relevant product disclosure statement and choose the Super Fund that is appropriate for you .
The superannuation selection experience is compliant with the Your Future, Your Super reforms. By ensuring all new members complete their super selection, they all make an active choice of super and can save administrative time looking up that member’s stapled fund via the ATO Business Portal.
How to Access Flare HR
To access Flare HR:
Open the Applicant Portal application and the applicant page for the selected applicant opens
From the Application Portal home page, click Finance and select the Choice of Superannuation Fund
Now, click Superannuation Selection to open Choose Your Superannuation page
For the first time, member should select a new Superannuation Fund or attach the existing fund for all the future contributions.
In case Superannuation Fund is already selected for the member, and the member wants to change current fund account with another Super fund, click the Superannuation Selection.
Here the Superannuation Options shows Superannuation Fund Name and Fund Membership Number (if any) of the member’s existing Super Fund. In the figure below the ‘Default Employer’s choice of Superannuation Fund' is shown as ‘A & C Ward Superannuation Fund’.
On clicking Superannuation Selection, the Choose Your Superannuation pop-up window open as shown in the figure below. You can pick another Super Fund by using Choose another fund option. On clicking Choose Another fund, you can choose your new Super Fund from ‘My Own Fund’, ‘Default Fund’ or ‘Self Managed Fund'
Once the Superannuation Fund is set for the member. When you open the Choose Your Super page next time, your current Superannuation Fund name is shown in You picked. In the figure below ‘My Own Fund – A and M Woodward Super Fund' is shown as your picked Super Fund
Superannuation Master
The list of existing Superannuation Funds are available in the existing Superannuation Master of the Entire OnHire Staff portal application. To view the Superannuation Master:
Click Master
→Member Master→Superannuation and the Superannuation page opensHere the Superannuation Funds are mainly categorized into Major Fund and Self Managed Fund
The Major funds includes the common available recognized Superannuation funds whereas the Self Managed Funds are the private super fund that you manage yourself. When you manage your own super, you invest into your own Self Managed Fund
How to Choose Your Super Fund
In Flare HR, you can continue with your organization's default stapled fund or alternatively select from the list of our available funds. The available funds are selected from the ‘Choose Another Super fund’ that includes ‘My Own Fund’, ‘Default Fund’ and ‘Self Managed Fund’ funds .
1. My Own Fund
To set your Super Fund as ‘My Own Fund’:
Click Choose another fund and select My Own Fund from the drop-down
Provide all the required details and click Submit and the superannuation fund detail is updated successfully
Field Name | Description |
|---|---|
Superannuation Fund Name | Name of the Superannuation Fund. You can search the existing Superannuation Fund Name by name or USI number. Type at least 3 characters of the fund name or USI number and the required fund name appears. |
Member Number | Membership number of the fund. This is the membership number held by the member, to identify their contributions by the superannuation fund. |
Type your full name below (required) | Provide your full name. This indicates authorization for your superannuation standard choices. This is similar to applying your written signature and is a legally binding. |
Next time when you open the Choose Your Super page of Flare HR, this selected My Own Fund details will be reflected in You Picked window (as shown in figure below) .
To View the selected ‘My Own Fund’ in the Entire OnHire Staff Portal application:
Click Personnel Card and search for the desired member
Click Banking and the Financial Details page of the member opens as shown in the figure below
The Superannuation section shows
o Selected Choice of Superannuation as Own Choice
o The Superannuation Fund Name shows the Fund name with Fund Membership Number
2. Default Fund
To set your Super Fund as ‘Default Fund’:
Select Default Fund from the drop-down
The Default Fund Name for your Super Fund is displayed. This Default Fund Name is set in your Superannuation Master of Entire OnHire Staff Portal
Provide your full name and click Submit and the superannuation details are successfully updated
Next time when you open the Choose Your Super page of Flare HR, this selected Default Fund details will be reflected in You Picked window (as shown in figure below) .
To View the selected ‘Default Fund’ in the Entire OnHire Staff Portal application:
Click Personnel Card and search for the desired member
Click Banking and the Financial Details page of the member opens as shown in the figure below
The Superannuation section shows:
o Selected Choice of Superannuation as Default Employer’s choice of Superannuation Fund
How to Set Your Default Fund
You can set your Default Fund in the Superannuation Member Master of the Entire OnHire application. To set your default fund:
Click Masters
→Member Master→SuperannuationSelect the fund from Major fund/ Self Managed Fund
In the selected fund, click Edit icon and select ‘Yes’ from the Default Superannuation Fund? check box
Click tick mark to set the selected Superannuation as Default Fund
3. Self Managed Fund
To set your Super Fund as ‘Self Managed Fund:
Select Self Managed Fund from the drop-down
Provide all the required details and click Submit and the superannuation details are successfully updated
Field Name | Description |
|---|---|
Fund name | Name of the Self Managed Fund |
Fund ABN | Fund ABN of the member. The ABN (Australian Business Number) is a unique 11-digit identifier provided by the Australian Business Register |
Electronic service address alias ESA | The Electronic Service Address alias ESA of the member The ESA acts as a 'digital post office' to receive messages |
Address line 1/ Address line 2 | Member address details |
City/ suburb, state, Post code | City/ Suburb, State, Post Code details of the member |
BSB | A BSB number (Bank State Branch) of the member This BSB represents your bank, state, and branch location |
Bank account name | Account Name of the member |
Bank account number | Bank Account Number of the member |
Type your full name below (required) | Full Name of the member. Providing your full name indicates authorization for the member’s superannuation standard choices. This is similar to applying your written signature and is a legally binding. |
Next time when you open the Choose Your Super page of Flare HR, this selected Self Managed Fund details will be reflected in You Picked window (as shown in figure below) .
In the Staff Portal, the Self Managed fund in the Financial Details page of the member shows the selected Choice of Superannuation as Own Choice (similarly as shown in ‘My Own Fund’ above).
The Own Choice option displayed the Superannuation Fund Name.
In case the provided BSB for the Self Managed Fund does not exist in the Staff Portal application, you need to provide missing bank details in the Bank BSB Masters. To complete the details for this Self Managed Funds:
Click the Masters
→Main Master→Bank BSB and search for this new Self Managed FundSelect the details in Bank Name, State and Suburb. In case default Country is set in the application, Country will be already selected
Click the tick mark and all the details are saved for this Self Managed Fund
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