Payroll deductions are the mechanism by which employees pay for insurance and other benefits like 401(k), FSA, and commuter benefits.
Total monthly deduction amounts are determined by the contributions made by employees towards the cost of benefits. In general: Cost of Benefit - Company Contribution (if ... Learn more
Deductions for Flex Benefits such as 401(k), FSA, HSA, and Commuter Benefits are determined solely by the monthly contribution amounts elected by employees. The single excep... Learn more
Here's glossary of key terms related to payroll. Payroll Terminology Bi-weekly: When an employee is paid every other week. On a bi-weekly pay schedule, an employee will rece... Learn more