Hierarchy
EA-HRCGB (Software Component) Sub component EA-HRCGB of EA-HR⤷
PA-BN-FB-XX (Application Component) General Parts⤷
PAOC_BEN_FBN (Package) Flexible Benefits System
Basic Data
| Data Element | FBN_DIFWT |
| Short Description | Employee Credit/Cost from GB FlexBens: Wage Type |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | LGART | |
| Data Type | CHAR | Character String |
| Length | 4 | |
| Decimal Places | 0 | |
| Output Length | 4 | |
| Value Table | T512W |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | DIFFWAGETYPE | |
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Crd/CostWT |
| Medium | 15 | Credt/Cost WT |
| Long | 20 | Credit/Cost WageType |
| Heading | 0 |
Documentation
Definition
This wage type stores the employee credit or employee cost generated as a result of an employee's flexible benefits choices. There are two elements that affect the value of an employee credit or cost.
- The difference in cost between the standard value and the flexed value.
- The effect of applying the NIC neutrality principle to an employee's benefits choices.
Example
In both scenarios below, the employer has applied the NIC neutrality principle to the holiday plan.
Scenario 1: The difference between the standard and flexed values (standard - flexed) is positive.
The employee enrols in a holiday plan with a standard option value of GBP 130 per month and chooses a holiday selling option costing GBP 100.00 per month. The difference between the standard and flexed value, the employee credit, is therefore GBP 30.00 .
In the holiday plan, this employee credit generates increased employer National Insurance Contributions (NICs) of GBP 3.16. Therefore, as the NIC neutrality principle is applied to the holiday plan, the employee must pay for this increase in employer NICs. As a result, the employee receives a credit of GBP 26.83 (30.00 - 3.16 ) as a result of the holiday plan option he has selected.
This employee credit amount is stored in this wage type, and the employee's gross salary, taxable pay and NIable pay are increased by the value of this employee credit.
Scenario 2: The difference between the standard and flexed values (standard - flexed) is negative.
The employee enrols in a holiday plan with a standard option value of GBP 100 per month and chooses a holiday buying option costing GBP 130.00 per month. The difference between the standard and flexed value, the employee cost, is therefore GBP 30.00 .
In the holiday plan, this employee cost generates decreased employer National Insurance Contributions (NICs) of GBP 3.16. Therefore, as the NIC neutrality principle is applied to the holiday plan, the employee will receive the value of this decrease in employer NICs. As a result, the employee cost is calculated as GBP 26.83 (30.00 - 3.16 ) as a result of the holiday plan option he has selected.
This employee cost amount is stored in this wage type, and the employee's gross salary, taxable pay and NIable pay are decreased by rhe value of this employee cost.
History
| Last changed by/on | SAP | 20040223 |
| SAP Release Created in | 200 |
