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7119237-Benefits

7119237-Benefits

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Published by santhoshcmf

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Published by: santhoshcmf on Aug 26, 2010
Copyright:Attribution Non-commercial

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08/26/2010

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Prepared by : HR Tech team.
This document basically gives a Brief overview about HR-Benefits.
Contents :Introduction to EnrollmentIntroduction to Benefit OfferIntroduction to Benefit AreaIntroduction to Benefit CategoryIntroduction to Benefit Plan typesIntroduction to Benefit PlansIntroduction to First Program GroupingIntroduction to Second Program GroupingBenefits EligibilityBenefits ParticipationBenefit Plan CostsIntroduction to HR FormsStandard Reports in BenefitsInfotypes used in BenefitsTransactions Used in BenefitsBenefit Plans Specific to USABenefit Plans Specific to ASIAPredeductionDefinitions
 
Introduction to Benefits
In a competitive employment market, benefits play a significant role in totalcompensation offers designed to attract and keep the best possibleemployees. The SAP
Benefits 
(PA-BN) component offers you powerful andcomprehensive tools for creating and managing tailor-made benefitspackages for your employees. It allows you to administer an extensive rangeof benefit plans, and its sophisticated configuration options canaccommodate complex plan definitions.The
Benefits 
application component offers comprehensive tools foradministering employee benefits in an organization. It provides all theconcepts and functions that are needed to manage extensive and highlyindividual benefits packages for the employees of an organization.Benefits integrates to SAP's International Payroll, however, it does notintegrate to every SAP Country Payroll version.
 
If we want to use Benefits for a Country Payroll version that is notintegrated, in conjunction with non-SAP payroll software or an externalpayroll service, we must provide our own interface for the transfer of data.The Benefits Administration component provides the functions needed tohandle the organization's benefits administration processes. It enables us toperform the following key activities:
Enroll employees in benefits plans and terminate enrollments
Monitor eligibility
View information about current benefit enrollments
Print enrollment and confirmation forms
Transfer data electronically to plan providers
 ENROLLMENT :
This is a process of enrolling employees of an organization for BenefitPlans depending on their eligibility.The Enrollment function enables us to enroll employees and, where possible,make changes to employee benefit elections as required for the followingtasks:
Enrollment of employees during an open enrollment period in plans forthe coming season
Enrollment of new hires in plans that are automatically offered

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