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Oct 16th, 2024

SHIF vs NHIF

SHIF Contributions: How Much Should Be Contributed?

Contributions to the Social Health Insurance Fund (SHIF) are set at 2.75% of an employee’s gross salary or annual income for non-salaried earners. The minimum contribution is Kshs. 300, ensuring health coverage for all.

SHIF vs. NHIF: Rate Comparison

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Oct 14th, 2024

What are the SHIF Rates and Contributions

SHIF Contributions: How Much Should Be Contributed?

Contributions to the Social Health Insurance Fund (SHIF) are set at 2.75% of an employee’s gross salary or annual income for non-salaried earners. The minimum contribution is Kshs. 300, ensuring health coverage for all.

SHIF vs. NHIF: Rate Comparison

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Oct 9th, 2024

FaidiHR Integrates with QuickBooks Online

In a move to streamline payroll and accounting processes, FaidiHR has integrated with QuickBooks Online, making it easier for businesses to manage their finances. This integration bridges the gap between HR operations and financial management, offering an automated solution that syncs payroll data with accounting records in real time.

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Sep 27th, 2024

How to Automatically Generate a Pay slip

In Kenya, generating a payslip typically involves a structured process that adheres to government regulations, including tax deductions, statutory contributions, and employee allowances. Here’s a step-by-step guide on how to generate a payslip:

1. Collect Employee Details
   - Basic Information: Name, ID number, PIN number (Kenya Revenue Authority - KRA),...

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Sep 23rd, 2024

Access the SHA Portal for SHIF Registration

With the transition from NHIF to the Social Health Insurance Fund (SHIF) effective October 1, 2024, employers must act swiftly to register their employees before the September 30 deadline. The SHA Employer Portal is the key tool for managing employee registration and contributions under this new system. Here's a step-by-step...

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Sep 23rd, 2024

Employers to meet SHIF Registration deadline by September 30

The Ministry of Health (MoH) has issued a directive to all employers, emphasizing the importance of registering their staff for the Social Health Insurance Fund (SHIF) before the upcoming September 30, 2024 deadline. SHIF will officially replace the National Health Insurance Fund (NHIF) on October 1, 2024, as per the...

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Sep 23rd, 2024

How to Register for SHIF

With the transition from NHIF to the Social Health Insurance Fund (SHIF) effective October 1, 2024, employers must act swiftly to register their employees before the September 30 deadline. The SHA Employer Portal is the key tool for managing employee registration and contributions under this new system. Here's a step-by-step...

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Sep 17th, 2024

Most Affordable HRMS System in Kenya

FaidiHR

FaidiHR has established itself as a leading cloud-based platform tailored specifically for Kenyan businesses. One of its primary advantages lies in its deep understanding and compliance with local regulatory requirements. This ensures that businesses using FaidiHR can confidently manage payroll processing, tax compliance, and statutory reporting without the complexities typically...