To create a new benefit, click on the “Add Benefit” button at the bottom right corner. To update an existing benefit, click on the benefits plan.
Summary – you’ll have the option to include a summary that consists of the benefit’s name, provider, and description.
Employee Premium – you’ll enter the default annual amount for each employee. Keep in mind that this is on an annual basis, so you’ll need to determine the per period deduction and multiply the amount by the number of pay periods in a year.
Company’s Contribution – enter the default annual amount your company will contribute. Include whether or not it’s taxable, insurable, and pensionable.
Remember, we’ll deduct the premium amount from the employee's wages and leave the funds in your company's bank account. You're responsible for paying the appropriate agency/vendor.