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Trace: • Calculate a sample payroll
general:humanresources:checklists:firstpayrolloftheschoolyearchecklist:step12

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general:humanresources:checklists:firstpayrolloftheschoolyearchecklist:step12 [2023/05/17 16:15] – emorenogeneral:humanresources:checklists:firstpayrolloftheschoolyearchecklist:step12 [2024/06/27 19:40] (current) – emoreno
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-====Verify Workers' Compensation rates====+====Verify/update Workers' Compensation rates====
  
 [[payroll:tables:taxdeductions:workerscomp|Payroll > Tables > Tax/Deductions > Workers’ Compensation]] [[payroll:tables:taxdeductions:workerscomp|Payroll > Tables > Tax/Deductions > Workers’ Compensation]]
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 For example, if the Workers' Compensation letter provides a rate of .001792, move the decimal two places to the right and enter that number in the **Net Rate** field.  For example, if the Workers' Compensation letter provides a rate of .001792, move the decimal two places to the right and enter that number in the **Net Rate** field. 
  
-Codes and rates are LEA-specific.+Codes, descriptions, and rates are LEA-specific.
  
 <WRAP Box> **Note**: The number of months in the contract should correlate with the number of workers' compensation payments. For example, if the employee has a 10-month contract, then the employee will have ten workers' compensation payments for the year. <WRAP Box> **Note**: The number of months in the contract should correlate with the number of workers' compensation payments. For example, if the employee has a 10-month contract, then the employee will have ten workers' compensation payments for the year.
general/humanresources/checklists/firstpayrolloftheschoolyearchecklist/step12.1684340119.txt.gz · Last modified: 2023/05/17 16:15 by emoreno

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