Compensation and Benefits - EBS (MOSC)

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Benefit Rates not accounting for Wait Period Rule

in Compensation and Benefits - EBS (MOSC) 1 commentAnswered

Hello,

We have a wait period rule of 60 days for new hires on their Benefits and we are seeing issues with New Hires coming into system every November and December of the year.

Issue: We have updated the Benefit Rates for the year 2024 but when we hired the Employees in November, December 2023 their Benefits will kick off 2/1/2024 and 3/1/2024 as per the 60 days wait period rule and this is working fine for us, however the system is still looking into 2023 rates since the new hire life event date is November and December 2023. How can we account for new rates that we updated for the year 2024 for these November and December 2023 Hired Employees?

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