Introduction to Open Enrollment
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Open Enrollment is a period when employees choose their benefit options, ensuring coverage for themselves and their families.
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Open Enrollment is a period when employees choose their benefit options, ensuring coverage for themselves and their families.
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.
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An accrual policy defines how and when balances associated with accrual codes are credited and debited.
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A deduction is a monetary amount subtracted from an employee’s taxable income that reduces the amount paid on a pay statement.
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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.
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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.
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Business rules can be thought of as required instructions for a system to accurately process information.
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