QapMap allows you to configure nominee information for the purposes of nominating a person to receive payments in event of employee’s death as a trustee of the legal heirs of the deceased employee.
Nomination Configurations
Click Nominations Configurations under Nomination Settings to access nominee information.
- To allow your employees to capture details of their Nominee at the time of accepting ESOP awards, click Display to change it to Yes under Grant Acceptance.
- To enable your participants, include the Nominee details at the time they enter an exercise request, please, click Display to change it to Yes under Exercise.
- To enable display of Nominee information in fields in your employees’ account profiles, , click Display to change it to Yes under Profile. Doing this will enable name, date of birth, relationship, mobile number, and address fields of the nominee.
- You can also make Nominee nomination fields compulsory for your employee to complete at any of the above-mentioned stages by clicking Mandatory. Otherwise, it can set as Optional step in the relevant process.
- Click Update to complete the process.