Benefits Administration
This Module offers Companies a flexible framework for creating and handling customised benefits packages for their employees [Apart of their salaries]. These are basically implementation and coordination of an employee benefits plans. This training involves configuration of Health plan, Saving Plan, Insurance Plan, & Flexible Spending Account Integration. The following topics are covered:
Define Benefit Providers
Set Current Benefit Area Define Benefit Plan Types / Status Define Parameter Groups Define Age Groups Define Cost Groupings Define Credit Groupings Define Coverage Groupings Define Health Plan General Data Define Options for Health Plans Define Dependent Coverage Options Define Cost Variants / Rules Assign Health Plan Attributes Define Administrative Parameters Define Benefit Adjustment Groupings / Reasons Health Plans Define First Program Grouping Define Second Program Grouping Define Eligibility Groupings / Variants / Rules Define Benefit Programs Define Standard Health SelectionsDefine Benefit Area Assign Currency to Benefit Area |
Benefits Payroll Integration:
Create Wage type catalog Set current Benefit Area Enter wage types for Plans End User Part: Maintain Infotype 0167 for an Employee Maintain Infotype 0171 for an Employee |
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List of Important Infotypes
- General Benefits Information (Infotype 0171)
- Adjustment Reasons (Infotype 0378) - Health Plans (Infotype 0167) - Insurance Plans (Infotype 0168) - Savings Plans (Infotype 0169) - Credit Plans (Infotype 0236) |
- Miscellaneous Plans (Infotype 0377)
- Stock Purchase Plans (Infotype 0379) - Retirement Plan Cumulations (Infotype 0602) - Retirement Plan Valuation Results(Infotype 0565) - Benefits Medical Data (Infotype 0376) - External Organization (Infotype 0219) |