Costpoint Online Help

Contents of the Total Comp/Benefits Statement Screen

Use the fields and options to configure the Total Comp/Benefits Statement Screen.

Total Compensation Summary

The Total Compensation Summary table displays if Show Total Compensation Summary is selected in the Configure Self Service Settings screen.

Field Description
Compensation Type

This field displays the types of compensation, as set up in the system:

  • Annual Salary
  • Health and Welfare Benefits
  • Company and Paid Retirement Benefits
  • Leave Benefits
  • Social Security
  • Medicare
Note: If any of these types of compensation have no data in the system, they will not be displayed in the table.
Annual Amount

This field displays the annual amount paid by the company for the type of compensation.

  • Annual Salary: The amount of your annual salary displays in this row.
  • Health and Welfare Benefits: The annual amount of the annual employer cost from the Benefit Elections table displays in this row.
  • Company and Paid Retirement Benefits: This row displays the annual amount of benefits entered in the Employee Deductions and Contributions screens in Costpoint.  The system estimates the annual company match using the deduction assigned to the employee and the corresponding contribution.
  • Leave Benefits: This field displays an estimate of the annual value of your leave accrual.
  • Social Security: This row displays the annual amount paid by the company for your Social Security benefits.
  • Medicare: This row displays the annual amount paid by the company for your Medicare benefits

The Total row displays the total annual amount of all compensation types listed in the table.

Percent of Total Compensation

This field displays the percent of your total compensation represented by the compensation type.

Benefit Elections

The Benefit Elections table displays if Show Benefit Elections is selected in the Configure Self Service Settings screen. This table is populated when you run the Update Benefit Option/Election Tables process.

Field Description
Benefit

This field displays the type of benefit, as set up in the system.

Benefit Plan

This field displays the name of the plan. The plans display as hyperlinks (when the corresponding internet addresses are set up in the system).

Coverage Level

This field displays the level of coverage that you have elected for the selected benefit. For example, "Employee + 1," "Family."

Coverage Amount

This field displays the amount of coverage, in total dollars, that you have elected for the selected benefit.

Annual Employee Cost

This field displays the total amount that will be deducted from your paycheck for the year for the selected benefit.

Annual Employer Cost

This field displays the total annual amount that your employer pays for the selected benefit.

Total - Annual Employee Cost

This field displays the total accumulated annual employee cost, as listed in the table.

Total - Annual Employer Cost

This field displays the total accumulated annual employer cost, as listed in the table.

Subtask

Subtask Description
Estimated Leave Benefits (Not added to Total Comp Summary) Employees can use this subtask to view the leave types that are assigned to them along with the estimated accrued hours for the current leave year.
Instructions Click to link to displays special instructions from your company.