HR, Payroll, Scheduler, and Time
HR, Payroll, Scheduler, and Time
Section 125 plans enable employees to pay for certain benefits, such as health insurance premiums, out-of-pocket medical expenses, and dependent care expenses, using pre-tax dollars.
Benefit Types define and categorize the types of benefit plans a company configures and provides to their employees. Benefit Plans allow a company to define the details and configuration settings.
When referring to benefits and enrollment, there are different terms and types of enrollments to consider.
Reviews I9 and E-Verify concepts
The Form W-4, also known as the Employee's Withholding Allowance Certificate, is a tax document used by employees in the United States to specify the amount of federal income tax that their employer should deduct from their paycheck.
Employee seniority refers to the length of time that an employee has worked for a company or organization. Employee seniority can often affect the benefits that an employee is eligible for.
Employee Turnover is defined as the number of employees who leave an organization during a specified time period.
Base compensation and regular rate of pay are important concepts related to the Fair Labor Standards Act. The solution can be configured to calculate and provide you with an employee's base compensation and regular rate of pay.
Pay structures such as hourly or salary pay can have important implications for employee compensation, job satisfaction, and overall workplace dynamics.
Employers use employment statuses to track who is currently employed and eligible for compensation, benefits, and other perks.
Security profiles limit what an individual can do when logged into a company.
A job can have defined attributes or describe a specific role.
Earnings identify different types of employee compensation for services provided. Earnings can also include specific parameters such as accounting rules, tax laws, and reporting requirements.
A deduction is a monetary amount subtracted from an employee’s taxable income that reduces the amount paid on a pay statement.
An accrual policy defines how and when balances associated with accrual codes are credited and debited.
A general ledger is a journal containing accounting transactions related to a company’s assets, liabilities, equity, revenue, and expenses.
Workers' Compensation Overview
Workers’ compensation codes are used to determine workers’ comp premiums for employees.
Life Cycle of a Schedule/Scheduling Process
Organizations might follow different processes to build and maintain employee work schedules, depending on their specific business needs.
Timekeeping: Employee Role
Employee access control points (ACPs) allow organizations to provide access to specific Timekeeping features for identified groups of individuals, such as allowing hourly employees to time stamp and to perform transfers.
Accrual Policies and Profiles
An accrual policy is a detailed collection of the organization’s benefit policies you want to track. An accrual profile is a group of accrual policies to be assigned to one or more employees.
Time Off Requests
Employees can submit requests to not work specific days. You can control what types of time they can request (vacation, sick, and so on), how they submit these requests (mobile, clock, and so on), and who needs to approve the requests.
Timekeeping: Manager Roles
Manager access control points (ACPs) allow organizations to provide access to specific Timekeeping features for identified groups of managers, such as viewing Dataviews and performing group edits.
Pay codes, also known as earning codes, identify categories in which employees can record their worked and non-worked time.