Benefit Plans overview

Deduction codes, pay classes, and pay codes are used from the Payroll application to perform these tasks:

Track employee and company expenses
Track hours for eligibility, vesting, compensation and dollars for contributions
Allocation of flex credits and computed income amounts that are added to employee's taxable wages

Note: Before you set up, you must define the employee groups on Employee Group Definition (HR55) and Eligibility Postal Codes (BN11) postal codes. The Benefits Administration application uses the information entered on HR55 and BN11 as part of employee benefit eligibility.