Basic and Dependent Life Imputed Income
Would like suggestions on how others are capturing imputed income amounts while employees are unpaid and recovering when paid? The amounts are correctly calculated and deducted when employees are paid, but we currently have a custom report/process to determine if all employees had the correct amount withheld and do an override to capture missed amounts due to unpaid/retro salary increases, etc. (this process is cumbersome, looking for something for automated) i.e. deduction not taken report
In addition, we currently do not capture dependents for life insurance, only health/dental, etc., this poses a problem for calculating imputed income on dependent life. How are others doing this calculation; capturing all dependents even if covered by dependent life only?