Page 44 - Essentials of Payroll: Management and Accounting
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Cr eating a Payr oll System
                                     the cell phone or other number at which they can most easily
                                     be reached. It is also increasingly customary to include e-mail
                                     addresses on this list. For larger companies with lengthy phone
                                     lists, the phone list for the department to which an employee
                                     belongs may be sufficient.
                                   •  Company seating chart. For a smaller company, it is quite useful
                                     to issue a seating chart that lists every person in the company.
                                     As with phone lists, a larger company may have to provide a
                                     chart showing smaller subsets of the company. This chart will
                                     require a reasonable amount of maintenance, given the num-
                                     ber of moves typically experienced in large companies.
                                   •  Insurance enrollment forms. Enrollment forms for a variety of

                                     insurance types can be issued to a new employee at a later
                                     date if there is a waiting period before they go into effect.
                                     That said, it is possible for some employees to “fall between the
                                     cracks” and never be issued the forms; consequently, a better
                                     approach is to issue these forms at the same time that an
                                     employee receives all other paperwork, so there is no chance
                                     of their being missed. Enrollment forms can cover medical,
                                     vision, dental, life, supplemental life, and short- and long-term
                                     disability insurance. Some insurance carriers provide a wide
                                     range of coverages in a single application, but this is the excep-
                                     tion, so be prepared to issue a large number of documents.
                                   •  Veterans check-off form. Companies are required to submit the

                                     VETS-100 form to the federal government once a year, which
                                     specifies the proportion of military veterans in the corporate
                                     workforce. It is easiest to track this information by having new
                                     employees fill out a simple check-off form that itemizes
                                     whether they have been engaged in military service in the past.
                                   •  Employee manual. There should be a comprehensive employee
                                     manual in the new-employee packet that includes a tear-out
                                     acknowledgment of receipt. The employee signs this receipt
                                     to indicate that he or she has received and read it; the receipt



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