This page (revision-23) was last changed on 26-Nov-2021 10:22 by jmyers

This page was created on 26-Nov-2021 10:22 by jmyers

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Version Date Modified Size Author Changes ... Change note
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22 26-Nov-2021 10:22 14 KB jmyers to previous | to last
21 26-Nov-2021 10:22 14 KB jmyers to previous | to last

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UPCALC WORKERS COMPENSATION PROCESSING
UPCALC WORKERS COMPENSATION PROCESSING

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At line 5 changed one line
The Worker’s Compensation Board collects money based on the payrolls of the Employers in each State / Province, the money collected goes into an Accident Fund, the Board then pays compensation costs out from this fund
The Workers' Compensation Board (WCB) collects money based on the payrolls of the employers in each state/province. The money collected goes into an Accident fund and the Board then pays compensation costs out from this fund.
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Employers pay WCB assessments every year based on their employees’ earnings and on the type of industry they are in
Employers pay WCB assessments every year based on their employees’ earnings and on the type of industry they are in. The employers are required to remit the WCB assessments contribution to the Workers' Compensation Board on a timely basis, therefore employers must calculate their WCB contribution while the employees are being paid.
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The employers are required to remit the WCB assessments contribution to the Worker’s Compensation Board on a timely basis and therefore employers must calculate their WCB contribution while the employees are being paid
The system provides for the definition and calculation of employer premiums. It is then the responsibility of the employer to gather the totals and remit on the appropriate interval to the associated board. Other historical reports can be used to obtain these summarized numbers.
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ePersonality provides for the definition and calculation of employer premiums. It is then the responsibility of the user to gather the totals and remit on the appropriate interval to the associated board. Other historical reports can be used to obtain these summarized numbers.
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The following lexicons are provided by the system and used for WC Calculation,
The following lexicons are provided by the system and used for WC calculation,
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;IMLN – X_WCB_CLASS:X_WCB_CLASS is a User Defined Lexicon that stores the names of the particular WC classes needed by the system. WC rates can vary by WC class of workers, and the names of these classes are provided by the Workers Compensation Board.\\ \\User needs to maintain their own WC Class on this screen.
;IMLN – X_WC_REGIST_TYPE:X_WC_REGIST_TYPE is used by IPWC and IDGR screen to allow for one or multiple WC Registration Numbers to be set up that are assigned by the Workers Compensation Board.
|0100 |Not Specified|if IDGR screen WC Regist Type =‘0100’, WC will not be calculated for this group
;IMLN – X_WCB_CLASS:[X_WCB_CLASS] stores the names of the particular WC classes needed by the system. WC rates can vary by WC class of workers and the names of these classes are provided by the Workers' Compensation Board.\\ \\Users needs to maintain their own WC Class on this screen.
;IMLN – X_WC_REGIST_TYPE:[X_WC_REGIST_TYPE] is used by the [IPWC] and [IDGR] screens to allow for one or multiple WC Registration Numbers that are assigned by the Workers' Compensation Board to be set up.
|0100 |Not Specified|if the [IDGR] screen WC Regist Type =‘0100’, WC will not be calculated for this group
This page (revision-23) was last changed on 26-Nov-2021 10:22 by jmyersTop