Coverages - like levels - are utilized with both Employees and Pay Types to determine the rate of a specific pay type at a specific level. The most common use for coverages is for medical insurance.
The coverage selected for an employee stipulates what level the employee has opted in to for their self/family.
The coverage on the pay type stipulates the rate for that employee for that level of coverage.
When a pay type using coverages & rates is added to a position, Martus will look up the employee's level of coverage and match the appropriate rate to budget for that position.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article