Calculating Complementary Benefits

To define complementary benefits (Prestaciónes Complementarias), set up the following items on the Complementary Benefits page:

• Funding Base used to calculate complementary benefits. This could be:

  • Social Security Common Contingencies or Professional Contingencies base. This is the default base.

  • Employee's gross daily salary.

  • Any other daily accumulator that you have defined.

• Absence period.

• Total percentage to be paid for each period.

The complementary benefit uses an earning element with a calculation rule of Unit x Rate x Percent. The correct percent is retrieved by a formula based on the benefit percentages defined on the Complementary Benefits page. The rate is the daily base for IT, AT, and maternity or risk during pregnancy, which is either based on the previous period without absence (if the default base is used) or another base defined on the Complementary Benefits page. The unit is the number of days that the employee is on leave and must be entered on the Absence Event Entry page.

Then another earning (PRSTCN CMPIT, PRSTCN CMPAT, PRSTCN CMPMT, PRSTCN CMPRE, or PRSTCN CMPCM) gets the difference between the previous earning and the value corresponding to the Subsidio IT, Subsidio AT, Subsidio MT, or Subsidio RE.

See PeopleSoft Global Payroll: Entering Maintaining and Approving Absence Events