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PeopleSoft HRMS Reporting by Adam T. Bromwich

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24 Rates

Benefits can be confusing to keep track of with all of the options available to employees. Once we consider the rate the employee pays for the plan, the confusion escalates. While enrollment in a plan can involve several factors, such as full/part time, current status, or age, these elements often break down further into rates that are based on service, age, or salary.

PeopleSoft stores all of the rates for your organization’s benefits and automatically applies the appropriate rate during event maintenance and payroll processing. This feature allows PeopleSoft to deduct the appropriate amount, keep track of arrears (the amount PeopleSoft is unable to deduct), and even perform cash billing if the employee does not receive a check. It ...

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