How to Recalculate Costs after a Compensation Change

To recalculate benefits costs for an employee after a compensation change, you must:

  1. Expand Employee, expand Payroll, and click Compensation from the menu. 

    Menu_-_Employee_-_Payroll_-_Compensation_-_00.png

  2. Click the Start Date of an existing compensation record and enter the stop date.

    CHR_-_Employee_-_Payroll_-_Compensation_-_Edit_-_00.png

    Employee_-_Compensation_-_Edit_Record_-_00.png

  3. Click Create Compensation Rate Record from the Actions drop-down menu.

    CHR_-_Employee_-_Payroll_-_Compensation_-_Actions_-_01.png

  4. Expand Employee, expand Benefits, and click Benefits from the menu.

    CHR_-_Employee_-_Benefits_-_Menu_-_01.png

  5. Click into the Benefit Range of any compensation based benefit (i.e. Voluntary Employee Life)

    CHR_-_Employee_-_Benefits_-_03.png

  6. Save through the Benefit as you did in Steps 1-3 of Making Benefit Changes on an Employee Screen.
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