Paycodes
Deductions
Tax
Acronyms
Hodge Podge
100

N07

What is sick pay?Sick Time

100

MEDPT

What is medical pre-tax?

100
This tax rate is applied to bonuses, vacation and personal holiday payouts.
What is supplemental?
100

What does Del Monte mean in English?

What is from the Mount

In 1886, the Del Monte name premiered, originally used in the 1880s by an Oakland, California, foods distributor to designate a premium blend of coffee prepared for the Hotel Del Monte on the Monterey peninsula

100

Why Is It Called Payroll?

 The word payroll dates back to the mid-1700s and is a portmanteau of two separate words: 'Pay' and 'Roll'. In this context, pay means to remunerate staff for their work, while the word 'roll' refers to the fact that time to pay staff rolls around periodically (often once a month 
200

N31

What is Leave W/o Pay or UNPAID Leave?

200
LTD
What is long term disability?
200

Are bonuses taxed at 22% or 40 %?

On the federal level, bonuses up to $1 million are taxed at a flat 22%, while any bonus more than $1 million is taxed at 37%

200
APA
What is the American Payoll Association?
200

This is the name of our corporate controller

Who is Amy Beggs?

300

N03

What is Holiday pay?

300
HSA
What is Health Care Spending Account?
300

This is the total percentage of Social Security and Medicare?

What is 7.65%?

The FICA tax rate, which is the combined Social Security rate of 6.2 percent and the Medicare rate of 1.45 percent, remains 7.65 percent for 2024 (or 8.55 percent for taxable wages paid in excess of the applicable threshold 

300
What is EFT
What is Electronic Funds Transfer?
300

What is our labor Legal council's name?

Who is Andrea Rawlings?

400

N10

What is vacation Pay?

400

DS1

What is Dependant FSA?

400
This amount goes in box 12d.
What is 401k?
400
TCOE
What is Take Charge of Education?
400
Vacation that is not accrued.
What is off the books vacation?
500

DEF CO

What is Def Comp Paid?

500

12U

What is Union Dues?

500
This is the due date to send form W2's to team members.
What is January 31st?
500
SPOT
What is Special Projects and Opportunities Training?
500

How many payroll folks in the payroll team?

What is 15?