Creating key employees reports

Before running this report, identify all officers, key employees, and owners of the company. Only employees with officers or owner designations are considered for this report.

When you have identified the key employees, set the Key Employee field on the Benefit tab of the Employee profile. This information is used when you run the Top Heavy Report.

See Creating top heavy reports.

Based on report parameters that are used in the Create Report action and the Key Employee field on the resource profile, these icons denote key employee status:

  • Blue: Resource will remain a key employee

  • Green: Resource will become a key employee

  • Red: Resource will no longer be a key employee

  • No icon: Resource is not a key employee and will not be flagged as a key employee

Note: 

The annual salary from the Pay tab on the employee profile is not used to determine compensation. The payroll history for the dates designated is used. See the Hours Worked record.

  1. Select Benefits > Reports > Discrimination Testing > Key Employees.

    The Current tab shows a list of employees who are designated as key employees on their respective profiles.

  2. On the Proposed tab, click Create Report.
  3. Specify this information:
    Pay Class

    Specify a Pay Class. Data imported to the Hours Worked report and the Pay Summary Group relations are used to select the wage information for the class specified.

    Compensation Date Range

    Specify the date range for determining compensation.

    Update Employees

    Select this check box to update the employee profile with report results when the report completes. Clear this check box to review the report results before updating the employee profile.

    Officer Minimum Compensation

    Specify the minimum compensation that an officer must have received to be included as a key employee. Only officers whose compensation is equal to or greater than this amount for the period identified are included on the report. If left blank, all employees designated as officers are included.

    Owner Minimum Compensation

    Specify a compensation amount to identify owners as key employees. Only owners whose compensation is equal to or greater than this amount for the period identified are included as key employees.

    Owner Largest Interest

    Specify a largest interest amount to use to identify owners who own the largest interest in the company. All employees who are identified as owners are included, but only owners whose compensation is equal to or greater than this amount for the period identified are listed as owning the largest interest in the company.

    A green icon denotes owners with the largest interest.

  4. Click OK to process this action immediately.

    or

    Click Schedule to schedule the action to run later.

  5. Click Update Employees to change the key employee indicator on the employee’s talent profile to match the one that is calculated by the report.