Summary of the Benefits Management Functionality:
The Benefits Management functions give your Human Resources and Payroll departments a powerful, flexible set of tools for defining, maintaining, tracking, comparing and reporting on employee benefit packages. Default plans can be defined for assignment to specific groups of employees upon entry into the system. These default plans allow the user to do mass changes and updates with little difficulty.
The system can track all of an employee's basic benefits, such as medical insurance, dental insurance, group life, and disability insurance, as well as tracking both employee and employer contributions to deferred benefits such as pensions, savings plans, and tax deferral plans. StarGarden's robust calculation screen allows for the definition of the most complex calculations without the use of cumbersome formulas or expensive customizations.