Elements represent the compensation and benefit types that you give to your employees. In a payroll environment these are also the earnings and deductions that contribute to the overall pay of an employee and appear on a pay advice. Typical examples include regular salary and wages, bonus payments, health insurance enrolment, tax and insurance payments, stock purchase plans and pension contributions.
You can also define elements to represent direct payments to employees that are not part of their pay (such as expense reimbursements) or employer payments on behalf of employees (such as pension contributions).
A further use of elements is to hold information that is a non-payment type. For example, you might use elements to track which employees have received non-payment benefits or equipment such as mobile telephones, company cars, or uniforms.
There is no limit to the number of elements you can define and all your definitions are datetracked.
Element Input Values
Defining an Element (HR Users)