Subject: new paycheck information !
introducing your first sap paycheck !
this is the first payroll processed in sap for all employees paid out of
corporate payroll . you may notice some changes in the way information is
reflected on your pay advice , the most common are itemized below .
what 
 , s different ?
? your 
 + home 
 , cost center will be displayed at the top of the pay advice .
this is your department number as designated in the hr and financial modules
of sap .
? any earnings descriptions that start with a 
 + p 
 , represent earning types
reported in the prior period . for instance , if you reported vacation time for
the july lst - 15 th pay period , it will be reflected on your july 31 st pay
advice as 
 + pvacation 
 , .
? flex dollars will appear on the earnings section of the pay advice instead
of as a credit in the deduction section . the various benefit deductions will
remain itemized in the deduction section .
? if you transfer between enron companies during the year , your year 
 ) to - date
totals will carry forward to the new company pay advice . previously , the
year - to - date totals started over when transferred to another company . this
change will provide your total enron earnings and deduction amounts on your
pay advice throughout the year . ( note that your w 2 at the end of the year
will reflect your earnings by company ) .
? for salaried employees , any reported exception time ( e . g . vacation , sick
day , etc . ) will be reflected on the earnings section with hours only , the
related dollar amount will be included in the 
 + salary 
 , earnings type .
? for any other information or further explanations regarding your payroll
contact the payroll call center at 713 - 345 - 5555
payroll faq 
 , s
my paycheck has a line called 
 & other deductions 
 8 , what does that stand for ?
there is a fixed amount of lines to print deductions on the paycheck . for
some employees , the number of deductions are more than we have room to
print . in this circumstance , the system totals all remaining deductions and
prints them on one line 
 ) titled 
 & other deductions 
 8 . the detail of all
deductions can be viewed on the pay advice that is displayed on the intranet
at ehronline . enron . com .
what do the earnings or deduction codes on my paycheck mean ?
these definitions are listed on the payroll webpage located at
hrweb . enron . com , select enron payroll from the side index .
why is my overtime not reflected on my paycheck ?
overtime is paid one pay period in arrears , therefore it will be reflected in
the next pay period . for example , if you reported overtime for the
july lst 
 ) 15 th pay period , it will be reflected on your july 31 st pay advice
as 
 + povertime 
 , .
what is the limit for social security ( fica ) ?
for year 2000 the limit is $ 4 , 724 . 40 on a wage base of $ 76 , 200 . this limit is
applied to each enron payroll tax company . therefore , if you transfer to
another enron company these limits will start over , however , the total amount
withheld across all companies will be reflected on your paystub . excess fica
will be credited to you by the irs via your tax return .
what federal income tax rate is used for my bonus or when i exercise stock
options ?
there is a standard federal income tax rate of 28 % for these earnings . this
can be higher if the employee has completed a supplemental tax form
requesting a higher rate ( this form can be found at hrweb . enron . com , select
enron payroll from the side index ) .