How to Recalculate Costs after a Compensation Change

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

  1. Go to the Employee Tab > Payroll > Compensation

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  2. Select the existing Compensation Record, by clicking on the date. Then enter an End Date.

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  3. Create a new Compensation Rate Record.
  4. Go to Employee > Benefits > Benefits
  5. Click into the Benefit Range of any compensation based Benefit (i.e. Voluntary Employee Life)
  6. Save through the Benefit as you did in Steps 1-3 of Making Benefit Changes on an Employee Screen.
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