Workers' Compensation Overview
2:07
Description
Related Videos
Workers’ compensation codes are used to determine workers’ comp premiums for employees.
View More
View Less
2:07
Workers’ compensation codes are used to determine workers’ comp premiums for employees.
Pay groups are assigned to a set of employees and define how they are paid. Pay groups determine pay frequency, pay schedule, and processing steps.
1:34
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.
2:26
Taxes are calculated based on locations. A location is the physical location where the employee works, which determines the worked-in state/province income tax and/or local income tax.
1:08
A deduction is a monetary amount subtracted from an employee’s taxable income that reduces the amount paid on a pay statement.
2:49
At the master company level, you are provided with four configurable business rules called organization levels that allow you to designate the structure of your component companies.
0:56
Taxes are calculated based on locations. A location is the physical location where the employee works, which determines the worked-in state/province income tax and/or local income tax.
0:56