To understand which pay codes relate to the complete set of payroll and benefits provided to employees as part of their employment. The TCOW includes only those pay codes that incur a cost to the employer.
Allowances
Allowance pay codes are specified in the pay code report under the column "Deduction Allowance Ind" as "Allowance." It is essential to map those allowance pay codes that result in an expense for the employer, including but not limited to basic pay, overtime, and commission.
Analysis Description (Filter on this field in the pay code report) | Suggested Pay Type Mapping |
Absence management | Pay for time not worked |
Basic pay | Base pay |
Bonuses | Bonus |
Car allowance | Pay for time not worked |
Commissions | Commissions |
Early pay | Base pay |
Early pay drawdown | Base pay |
Non taxable payments | Other workforce events or pay for time not worked |
Other GP | Pay for time not worked |
Other pay | Commissions or other supplemental pay or other variable pay or pay for time not worked or relocation cost |
Overtime | Overtime |
Statement bonus and commission | Bonus or Commissions |
Statutory pay | Pay for time not worked |
Time Management | Base pay or overtime pay or pay for time not worked |
Benefit in kind
In the pay code report, Benefit in Kind pay codes are listed as "BIK" within the "Deduction Allowance Ind" column. Mapping of BIK pay codes that represent costs to the employer is necessary, e.g car
Deduction Allowance Ind | Analysis Description (Filter on this field in the pay code report) | Suggested Mapping |
BIK | Benefit in Kind | Health benefits or pay for time not worked |
Deductions
Deductions are outlined in the report as "Deduction" in the "Deduction Allowance Ind" column. Pay codes categorised as deductions, which represent a cost to the employer need to be mapped. Examples include Employer National Insurance (NI)/Pay Related Social Insurance (PRSI) and Employer Pension contributions.
Deduction Allowance Ind | Analysis Description | Suggested Pay Type Mapping |
Filter on Deduction | Employer NI / Employer PRSI | Employer Insurance and Taxes |
Employer Pension | Employer Pension |
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