Handling Complex Policies

Topics:
Human resources management system,
Payroll
Tags:
Finance,
Human Resources,
Operational Accounting,
Payroll,
Payroll Solutions,
Recruitment & Selection,
Workforce,
Workforce Management,
WorkForce Software
Source:
WorkForce Software

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Overview: In recent years, leading edge time and attendance systems have started handling a whole additional set of calculations. Most prominent amongst these capabilities is the ability to calculate gross pay instead of being just an "hours focused system". There are many logical reasons to calculate pay in the time and attendance software instead of in the payroll system. Also prominent is the ability to calculate benefit accruals for time off such as vacation, sick time, and Family Medical Leave Act (FMLA). This document describes some of the advanced calculations of the WorkForce Software solution.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 134KB | Date: Jun 2003 | Pages: 5

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