Employee
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- Establishes and maintains basic employee information, employee classifications (classes), salary information and history, leave, life events, payroll, Human Resources (HR), Flexible Spending Accounts (FSA), performance reviews, and termination processing.
- Provides SilkRoad Integration which allows you to import SilkRoad new hire employee-related information into Costpoint. This integration also allows you to export Costpoint employees, position requirements, detail job titles, organizations/HR organizations, and labor locations to SilkRoad.
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Labor
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- Controls system-wide features such as employee ID length and workers' compensation input requirements, and sets up posting accounts for accrued salaries.
- Maintains and establishes parameters such as timesheet cycles, pay types, general labor categories, and workers' compensation codes.
- Provides functionality for entering timesheets, printing reports that identify missing timesheets, and sorting timesheet entries by employee or by account.
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Leave
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- Establishes leave control parameters.
- Defines types of leave (for example, vacation).
- Specifies default leave periods and assigns leave statement line number descriptions.
- Establishes control parameters used for leave period-related functions and to identify the period of time used for controlling leave accruals.
- Enables automatic calculation of leave cycle start and end dates.
- Establishes leave codes.
- Reconciles outstanding leave balances.
- Provides year-end leave processing.
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Payroll
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- Provides payroll settings and maintenance of your company payroll schedules, deductions, tax tables, workers' compensation data, and employee data.
- Originates reports containing basic employee setup data.
- Computes and edits payroll data.
- Processes payroll checks and direct deposits.
- Posts payroll to the general ledger.
- Generates reports and inquiries which provide data on employee earnings, workers' compensation, quarterly taxes, and withholdings.
- Maintains W-2 data and W-2 summary reports.
- Provides the Payroll Tax Interface which allows you to create tax files that includes federal, state, and local tax data on a periodic, quarterly, and annual basis. The generated tax file can be submitted to your payroll tax service provider.
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Compensation
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Establishes compensation controls, job titles, compensation plans, performance reviews, compensation budgeting, and salary surveys.
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Personnel
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- Defines each organization by manager and human resources representative.
- Enters code information for service and performance awards.
- Establishes codes for drug testing and medical history tracking.
- Designates employees with the authority to approve position requisitions.
- Tracks employee training, including degrees, skills, professional organizations, and areas of study.
- Establishes federal and internal security identifiers.
- Assigns identifiers for company documents, property, and vehicles.
- Tracks Occupational Safety and Health Administration (OSHA) data, including injury/illness descriptions, accident processing, information, and case history.
- Establishes exit interview procedures.
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Affirmative Action
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- Tracks employees by gender and by ethnic group.
- Features a user-maintained table listing eight factors for determining underutilization of groups, which in turn enables you to perform underutilization tests separately for minorities and women.
- Offers additional reporting capabilities including the EEO-1 report, the VETS-100 report, and a report displaying termination figures related to Equal Employment Opportunity (EEO) codes.
- Includes employee-related reports to provide information on new hires, transfers, promotions, and training.
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Deferred Compensation Admin
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- Establishes deferred compensation plan information, plan tax information, and deduction codes.
- Produces Actual Deferred Percentage (ADP) and Actual Contribution Percentage (ACP) discrimination testing reports.
- Ensures compliance through "what-if" forecasting.
- Lists employees and amounts deducted, vesting tracking, and employee loan accounting.
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Benefits
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- Establishes controls for benefit plans, premiums and coverage amounts.
- Sets up user-defined benefit types (in addition to standard system benefit types).
- Establishes deduction codes for mass updating of package deductions, and sets up provider codes, coverage option codes, premium tables, and coverage tables.
- Establishes codes for qualifying life events.
- Establishes benefit plans in which enrollment is governed by qualifying events, and links employees to qualifying events. Also links dependents and beneficiaries to employees.
- Controls processing for dependent care and medical care Flexible Spending Accounts (FSA).
- Establishes general FSA information, such as the plan year, start and end dates for the plan, and the maximum annual amount an employee can elect to withhold for dependent and/or medical care.
- Links flexible spending accounts to specific employees, who in turn can request reimbursement.
- Automatically updates FSA History tables once payroll journals post.
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Employee Self Service
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Provides smart and easy-to-use solutions for your Human Resources (HR) and Payroll needs. These applications have the power and flexibility to support companies using Deltek Costpoint. A brief listing of some of the capabilities in this module are:
- Maintenance of emergency contacts
- Handling life events
- Benefits enrollment
- Management of payroll-related data, such as withholdings, direct deposits, W-2s, and retirement benefits
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Team Management
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The Costpoint Team Management module allows managers to view employee information as well as compensation and benefit statements of their direct and indirect reports. Human Resources (HR) administrators and managers will be able to perform the following:
- HR Administrator
- Assign a “Manager” role to multiple people at the same time.
- Identify the fields that managers can view about their employees.
- Assign managers access to view employee personal information.
- Assign managers access to view employee address/phone information.
- Assign managers access to view the payroll and benefits menu for their employees.
- View the total compensation statement for an employee.
- Manager
- View the compensation and benefits information of direct reports; and of their direct reports (if multiple levels exist under the manager).
- View the listing of all direct reports.
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