Element

Total Compensation Expenses—Parent member that includes four compensation categories (Salary Grades, Additional Earnings, Benefits, and Employer-paid Taxes). The four compensation categories do not contain members, because you are expected to create the compensation components during implementation.

Salary Grades—Parent member that stores all salary grades for the organization. Create salary grades or load them from HRMS as children of Salary Grades. Examples of salary grades include different nonunion wage scales.

Additional Earnings—Parent member that stores additional earnings. Create additional earnings or load them from HRMS as children of Additional Earnings. Generally, additional earnings are taxable components of salary, but cannot be classified as base salaries. Examples of additional earnings are overtime, shift differential, and hazard duty pay.

Benefits—Parent member that tracks all benefits paid by the company to employees. Create benefits or load them from HRMS as children of Benefits. Generally, benefits are nontaxable. Examples of benefits are medical insurance, dental plan, and short-term disability. Create benefit elements such as "Fringe Benefits" to benefits using blended benefit rates that are percentages of salary.

Employer-paid Taxes—Parent member that tracks taxes paid to state and federal governments or other taxing authorities on behalf of employees. Create employer-paid taxes or load them from HRMS as children of Employer-paid Taxes. Examples of employer-paid taxes are FICA (Federal Insurance Contributions Act) and SUTA (state unemployment payroll tax). You can add blended taxes to budget tax as an overall percentage of salary.

Defaults—Four members (Salary Grade Defaults, Benefit Defaults, Additional Earnings Defaults, and Employer-paid Tax Defaults) are used to capture compensation defaults.